• Hirom@beehaw.org
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    1 month ago

    EV producers in the US are going to take a hit, whereas the ones in China and the EU would probably be fine.

    Sounds like shooting itself in the foot.

    • Glide@lemmy.ca
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      1 month ago

      Describe Trumps presidency in one sentence.

      Sounds like shooting itself in the foot.

      • Hirom@beehaw.org
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        1 month ago

        It’s worse than that. Trump is a danger for the environment and climate. And the whole world will suffer consequence.

        • DdCno1@beehaw.org
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          1 month ago

          Also wars, future pandemics, any kind of global cooperation that depends on the White House not being a madhouse, which is a lot.

          • Midnitte@beehaw.org
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            1 month ago

            Shooting everyone in the foot by shooting through your own foot first. Ma…ma…multikill.

          • pbjamm@beehaw.org
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            1 month ago

            shooting randomly downward in the hopes of hitting the feet of an undesirable.

      • philpo@feddit.org
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        1 month ago

        No,but Musk has already stated that he actually wants that bonus gone because his own margin is high enough to keep the prices nearly the same while it will (quote) “destroy the remaining car industry”.

    • ShepherdPie@midwest.social
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      1 month ago

      Especially right after everyone began retooling factories to produce them and the rest of the world leaves us behind in development. America will be producing the Yugos of the 1980s in a few short years.

      • philpo@feddit.org
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        1 month ago

        No. They deal with the fact that they didn’t start the technological race until it was too late (and haven’t fully committed themselves even nowadays) and that they strongly build their sale strategy on the Chinese market - which nowadays is basically an EV market and one where German cars are now seen as either preposterous or “Grandfathers car”.

        This comes together with a price hike (not only on EVs but also across their fleet - starting long before EVs were common and affecting the combustion fleet as well; see the price of the Golf or Passat compared to an average worker wage over the last 20 years + it’s resale value), a major lack of quality control since COVID and a lack of financial planning for this upcoming storm.

        In other words: Their problem was not the end of the subsidies (which basically only affected the ID3 anyway as neither VW nor BMW or MB had any other models below the maximum price threshold for the subsidy) but their lack of management flexibility in time with a rapidly changing market.