Jason Calacanis Warns Chinese EVs Could End US Auto Industry: ‘Consumers Will Love to Buy These Cars’
Jason Calacanis warns cheap Chinese EVs could devastate U.S. automakers, while Sen. Elissa Slotkin cites security risks.
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Ross Gerber urges drivers to switch to affordable EVs, saying Iran war-driven gas price shocks make gasoline cars too costly.
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Jason Calacanis warns cheap Chinese EVs could devastate U.S. automakers, while Sen. Elissa Slotkin cites security risks.
https://www.bloomberg.com/news/articles/2026-09-16/china-considers-byd-to-join-xi-s-ceo-entourage-for-trump-summit
Ford Motor Company announced a $1 billion investment in a new state-of-the-art paint shop at its Kentucky Truck Plant, with construction expected to begin by year-end. This investment adds to Ford's recent $2 billion commitments for EV platform transformation at Louisville Assembly Plant and battery energy storage systems production in Glendale, reinforcing its long-term manufacturing presence in Kentucky.
- Reuters Citing Filing
The article compares Ford Motor and Tesla as investment options for 2026. Ford offers stability with strong free cash flow ($3.5B), a dominant commercial vehicle business, and a low valuation (8.4x Forward P/E), despite a $8.2B net loss in FY2025. Tesla presents high growth potential in AI and autonomous robotics but faces concerning fundamentals: negative free cash flow, operating margins collapsed to 1%, and a premium valuation (191.9x Forward P/E). The author recommends Ford for investors seeking current automotive exposure over speculative future bets.
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