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20min chapter
America's Biggest Car Companies Are in Trouble
Plain English with Derek Thompson
Navigating Tesla's Moves and Chinese EV Competition
The chapter explores Tesla's strategic decisions in the EV market, including the launch of the Cybertruck and Elon Musk's ventures, while addressing concerns about profitability. It juxtaposes Tesla and Hyundai's success in selling affordable EVs with challenges faced by traditional US automakers. The narrative delves into the rise of Chinese automaker BYD in the EV market and China's aggressive push for electric vehicles, sparking discussions on the complex global competition dynamics and implications for the US auto industry.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode