Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. 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.
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