The US firm faced a difficult year with unease over chief executive Elon Musk’s political activities and stiff overseas competition.
The US firm faced a difficult year with unease over chief executive Elon Musk’s political activities and stiff overseas competition.
It’s also why anybody with a bit of sense knew the EV subsidies were important if we wanted American car companies to be competitive in the future. Instead our “America First” president handed China the future of automotive manufacturing.
Also the oil industry is still heavily subsidized, so now you have American OEMs fighting a subsidized oil industry, and a subsidized Chinese EV industry.
Their EVs are gonna get fucked at both ends.
The end result is the US auto industry as a whole being left behind by the rest of the world as other countries expand EV infrastructure and limit or even eliminate fossil fuels across the board.
Those who forced free market capitalism on other nations don’t like free market capitalism anymore lmao
It’s never been free market capitalism. Subsidies and anti trust have been around for a very long time. That’s also because free markets would never work without regulation.
Well, Venezuela will be forced to have free market capitalism so Chevron can exploit its natural resources.
I’d rather it not be Tesla at the forefront. They did some admittedly good things in the beginning to help normalize EVs and build out charging infrastructure.
But I’m not a fan of their vehicle design (interior or exterior), have concerns about their QC and after-sale service, and I won’t buy one as long as Musk is at the helm.
That’s not a reason to nuke the EV industry as a whole though. Removing the tax incentive for all EVs did exactly that.
My apologies if that is what my comment implied.
I actually think the EV tax bonuses were at least attempting to level the playing field, with tax credits being limited per manufacturer.
Tesla and the American EV industry was already very heavily subsidized. At least up until near the end of 2025.
To claim Tesla wasn’t heavily subsidized already when they made model S is very ignorant.
I didn’t claim they weren’t. I in fact just did the opposite and said they were in order to try to secure American manufacturing in the future and instead Trump pulled the plug.
OK then we are in agreement.