Angel investor and All-In Podcast host Jason Calacanis warned that allowing Chinese electric vehicles into the U.S. could devastate domestic automakers even as their low prices attract consumers, reacting to Sen. Elissa Slotkin’s (D-Mich.) claim that President Donald Trump could loosen barriers as part of a China deal.
Calacanis Warns Chinese EVs Could Disrupt Detroit
"This would be the end of the US automotive industry — but consumers will love to buy these cars," Calacanis wrote in an X post on Wednesday. He added, "Everywhere I go, from the Middle East to Europe to Mexico, the streets and Uber fleets are filled with dirt-cheap Chinese EVs," calling such U.S. access "a disaster."
Slotkin said Wednesday she had heard "rumors" that Trump could allow Chinese cars into the U.S. through a broader deal, calling such a move "a strategic mistake." The White House has announced no rollback of current restrictions.
Slotkin Frames Chinese Cars As Security Risk
