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There are growing concerns US tariffs on cars made outside the US, set to be implemented next month, will upend global supply chains, and raise prices on all cars including EVs in America. Donald Trump says the tariffs will be a net neutral or even positive for Tesla, because it has manufacturing plants in the US. In recent months electric vehicles sales for Elon Musk's company have plummeted due to negative sentiment around his political involvement. But Pitcher Partners' Steven Bragg says Australian consumers could be big winners as more vehicles make their way into the Australian market, in place of the US, potentially keeping down prices. Mr Bragg says the dominance of Chinese-owned BYD in Australia, comes down to its tech, as well as the speed and efficiency of its manufacturing process which has made its prices competitive. #ABCBusiness Subscribe: http://ab.co/1svxLVE ABC News provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation. For more from ABC News, click here: https://ab.co/2kxYCZY Watch more ABC News content ad-free on ABC iview: https://ab.co/2OB7Mk1 Go deeper on our ABC News In-depth channel: https://ab.co/2lNeBn2 Like ABC News on Facebook: / abcnews.au Follow ABC News on Instagram: / abcnews_au Follow ABC News on X (Twitter): / abcnews Note: In most cases, our captions are auto-generated. #ABCNews #ABCNewsAustralia