2 months ago
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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.
"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."
This would be the end of the US automotive industry — but consumers will love to buy these cars
But…. You'll probably die in one since they're not very safe
Everywhere I go, from the Middle East to Europe to Mexico, the streets and uber fleets are filled with dirt cheap… https://t.co/LGUwforT6a
— jason (Jason) September 10, 2026
#calacanis #chinese #Europe #uber
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.
"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."
This would be the end of the US automotive industry — but consumers will love to buy these cars
But…. You'll probably die in one since they're not very safe
Everywhere I go, from the Middle East to Europe to Mexico, the streets and uber fleets are filled with dirt cheap… https://t.co/LGUwforT6a
— jason (Jason) September 10, 2026
#calacanis #chinese #Europe #uber
3 months ago
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A billionaire-backed podcast host is taking aim at President Donald Trump over one of his biggest campaign promises — cutting the national debt.
Investor Jason Calacanis says Trump has instead presided over a historic surge in federal borrowing, putting the president's fiscal pledges under renewed scrutiny.
The U.S. national debt hit $39 trillion in March and currently stands at around $39.6 trillion. The debt has increased in recent years, instead of going down as Trump promised.
Don't Miss:
#debt #instead #president
A billionaire-backed podcast host is taking aim at President Donald Trump over one of his biggest campaign promises — cutting the national debt.
Investor Jason Calacanis says Trump has instead presided over a historic surge in federal borrowing, putting the president's fiscal pledges under renewed scrutiny.
The U.S. national debt hit $39 trillion in March and currently stands at around $39.6 trillion. The debt has increased in recent years, instead of going down as Trump promised.
Don't Miss:
#debt #instead #president
