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😨   The United States Versus China: Tesla, BYD and the Trump Follies

Politics

Once the darling of the left for championing electric vehicles, even with a hefty $44,000-plus sticker price on a range of best-selling “S3XY” models, Tesla CEO Elon Musk was regularly pilloried by the right for his presumed eco-friendly stance and generous government loans. Back then, the Chinese carmaker BYD was barely a twinkle in Warren Buffet’s investment eye, but now tops Tesla at over $100 billion in annual sales thanks to lower prices, faster charging times, and Musk’s far-right political conversion. As consumers scramble to keep pace in a fast-changing and uncertain world, the fight for motor supremacy ramps up – more than the increased market share of 100 million cars sold each year is at stake.

Counterpunch     Apr 30, 2025