We’re sure you know how dependent America is on Chinese imports. China is one of our three leading import countries. Is it a coincidence that Tesla sales, a Musk company, is suffering significant sales decreases at the expense of the Rivian electric vehicles–imported from–you guessed it–China? The Rivian prices are much lower than Tesla’s and the car is more reliable. Even with the currently announced tariffs, the Chinese product is a better buy. Trump and Musk know this and hope that Americans will avoid even considering the Rivian. Unfortunately, there is only a small percentage of electric vehicle buyers who do not price-shop. In other words, the billionaire club doesn’t have enough members to keep Tesla afloat in the face of Rivian competition. It’s only a matter of time before Trump reveals his true objective with Chinese tariffs. He and Musk will need to find a way to crush the Rivian invasion without being obvious. Meanwhile, Musk is laying off some of his own employees to stem the red ink from his bottom line. Watch for Trump to “manufacture” some narrowly worded way to exclude Rivian without mentioning its name.
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