Alex Roy

Amazing.

Unfortunately, the United States does not export many electric vehicles because we can't build them at scale, at price points that make sense in foreign markets.

The exception to that might be Tesla.

But Tesla also manufactures in foreign countries, then exports from those countries to other markets.

So that market is dominated by China, the export EV market.

Well, there's a wonderful book called Apple and China, which basically tells the story of how the Chinese learned everything about manufacturing, modern software-based technologies, even CapEx-heavy, deep-tech technologies at scale.

And so they've verticalized multiple industries, automotive most notably, and basically copied the Tesla ground-up-from-scratch model of software-defined vehicles and begun –

exporting cars from multiple Chinese companies.

BYD, Xiaomi, all these companies are eating us alive.

Yeah.

Fundamentally, Tesla is the only American carmaker that's positioned today to compete with the Chinese in automotive markets anywhere on Earth.

I'm afraid I can't answer that question.

It is.

And it is growing everywhere except in the United States, where it's kind of flatlined recently because the subsidies have gone away.

It's a catastrophe for the American automotive industry.

Ford, GM, Stellantis, these are great companies of great design, but they're not architected to manufacture EVs at scale today at cost points and retail price points that can compete with the Chinese anywhere.

I am praying that the Chinese vehicles are not allowed in the United States until the big three American lawmakers can't compete.

And we have the Chinese arriving in Canada sometime quite soon, which is extraordinarily dangerous because people are going to see these cars on the road.

And Canada is going to enter the United States driving these cars.

And it's going to be very clear how good they are.