Regarding Apple, he's said that to move just 10% of I-phone production to the US would cost $30 billion and 3 years. And the result would $3500 I-phones vs. $1000 ones made in China. I've been short AAPL since last Wednesday @ $206.
Apple was warned several years ago about production in China, but Tim Cook drug his feet, and now the shareholders will suffer.
“90% of iPhones produced and assembled in China”
Stuff made in China probably is not subject to Chinese import tariffs.
Apple’s biggest Chinese sales problems are Huawei and Chinese patriotism.
Are Apple’s Taiwanese chips even subject to PRC tariffs?
The PRC legally regards Taiwan as its own territory.
I doubt Tesla makes much money in China.
Almost all the hurt PRC leadership might deal out towards Tesla will be borne by the people of the PRC.
He is likely thinking about this incorrectly.
Tesla is morphing into a software and robotics company.
Elon will be gone from government soon.
Factories can be built quickly today using robotics and Apple can afford to do it.
[full dislosure: I am accumulating TSLA at these prices and lower.
Apple do not own.]
We have been too trusting of China. We have helped them create the ability to threaten the world.