We may well actually be mostly in agreement. As for the Chinese auto-maker, it is a chicken and egg problem. If the end result is Chinese EV makers having a b

We may well actually be mostly in agreement. As for the Chinese auto-maker, it is a chicken and egg problem. If the end result is Chinese EV makers having a big role in driving US auto manufacturers out of business, and they decide that they need US factories to do it, they will have to build those factories first. By the time the US auto company factories are for sale there will very much be a flavor of, "Gee, that would have been nice 5 years ago..." That isn't to say that some Johnny-come-lately who entered the US market late won't be found to snap a few factories up. But at that point they'll probably be better off looking for buyers in unrelated industries.