Ford’s CEO has issued a shocking bankruptcy warning, admitting that new EV competition could put legacy automakers out of business! With Chinese EV makers, Tesla, and BYD dominating global markets, traditional car companies like Ford are struggling to keep up with rapid electric vehicle innovation and falling prices. This video breaks down how the EV revolution, battery tech, and production costs are reshaping the future of the automotive industry.
Given time, every American auto maker will turn into Harley-Davidson, selling increasingly outsourced, shitty, and expensive vehicles to a shrinking market of boomers while the rest of the industry moves on without them.
The difference is that when Harley got bailed out by Reagan’s tariffs people could still buy a small Honda and get plenty of motorcycle for cheap - but right now the trajectory for autos writ large seems to be cutting out all foreign competition entirely, forcing every American to keep buying boomer shitboxes.
It’s also going this way with phones too. US cell carriers aren’t carrying chinese smartphones like the rest of the world, which are already like 3 years ahead in tech from apple, google pixels, and samsung. And US review sites just ignore chinese smartphones now.
It’s a self-embargo based on western chauvinism that seems to be working out.
Is a radicalizing moment forming where we just point at China and go “why can’t WE have this cool commie stuff?”