China Likely to Strike Back at New Tariffs, Ives Says

If the barriers go up, if the wall gets a little bit higher for Chinese players, do the Chinese do the same thing to US players? That’s the worry, right? I mean, the retaliatory is the last thing that you need from a Tesla perspective. And I think this is something everyone’s been waiting for because the reality is, given the prices of the Chinese Ev’s and what I’ve seen. First hand, it would be very tough from a competition perspective. Retaliatory definitely could happen. This Game of Thrones continues to play out. You mentioned a product. Can we talk about that a little bit more? I don’t think enough is said about that. I think a lot of people often consider. Chinese prototypes to be cheap imitations of maybe US innovation. Are you seeing that out of China? How good is the product? I mean BYD is special. I mean and I think that’s I think from a competition perspective, test has seen that in China. I still view it as there’s going to be many winners there. But when you look at BYD, you look at NEO and others that comes to the US that’s a major competitive issue, especially when it comes to Detroit, the 313 area, the three has bet so much. On EVs, so that you’re really protecting that for Detroit as well as ultimately even for Tesla domestically. ABYD gave an interview to the FT yesterday where they basically said by 20-30 we’re going to be the biggest EV car maker in Europe. No one else is going to be able to hold a candle to us. Is Europe next? Is that the next risk for the Chinese EV sector? Yeah, Europe’s front and center. I think that’s going to be the battleground. And look, and that’s something not just for Tessa, for a while, the German automakers and others and Beijing has their sights there and I think what we’re seeing here. Is even though EVs is moderated globally and of course that’s been a black eye for the industry, it’s still the massive transformation probably the biggest one we’ve seen since 1950 is and that really I think Europe’s going to be the next battleground. I don’t see that black eye for the industry. It hit Tesla really hard and they’re saving grace was that they went to China that Musk met with she and he got these measures that seemed to indicate autopilot can exist in China. So if that’s taken away, what happens to Tesla? What happens to share prices and our confidence in them. And that’s why I must 10% politician, 90% CEO. We see the same thing with Cook. China is the hearts and lungs of the Tessa growth story. When I look at FSD autonomous and the first step now tour what could be, you know I think ultimately a golden vision now from a from an autonomous perspective. But China is the hearts and lungs of the growth story and that’s well known. It’s been a headwind. But we do believe that you’ll start to see a towel in next coming quarters.