Elon Musk
👤 SpeakerAppearances Over Time
Podcast Appearances
I'm just saying because I think- Solar tariffs.
Yeah.
Yeah.
I mean, sometimes if another country is subsidizing the output of something, then you have to have countervailing tariffs to protect domestic industry against subsidies by another country.
What else would you change?
I don't know if there's that much that the government can actually do.
Well, I think it's important to appreciate that in most areas, China is very advanced in manufacturing.
There's only a few areas where it is not.
China is a manufacturing powerhouse next level.
It's very impressive.
Yeah, yeah.
I mean, if you take refining of ore, I'd say roughly China refines
There's twice as much ore refining on average as the rest of the world combined.
And I think there's some areas like, say, refining gallium, which goes into solar cells.
I think there are like 98% of gallium refining.
So China is actually very advanced in manufacturing in, I'd say, most areas.
Yeah, rare earths, which are, as you know, not rare.
We actually do rare earth ore mining in the US.
Send the rock, put it on a train, and then put it on a boat to China.
There's another train that goes to the rare earth refineries in China, who then refine it, put it into a magnet, put it into a motor self-assembly, and then send it back to America.