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Citrini on 2024 Election Portfolio Construction And AI “Mania”
Forward Guidance
Impact of Tariffs on Chinese and European Vehicles on American Car Manufacturers
Tariffs on Chinese and European vehicles could significantly impact American car manufacturers, especially Tesla. The Chinese electric vehicles are noted to be very cheap and superior in quality compared to American ones. This could pose a challenge to domestic manufacturers to keep up. However, Tesla has been adept at navigating government subsidies and policies. The US is unlikely to allow Chinese EVs to enter its market to prevent competition as Chinese production is far advanced. Consequently, the Chinese electric vehicle market is likely to remain largely localized in China.
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