“This one weird trick.”
“This one weird trick.”
Tesla sells a large portion of vehicles in China where the margins are tiny compared to those in the US market. https://www.reuters.com/business/autos-transportation/stella....
> They're the most heavily subsidized US company today outside of military contractors/weapons manufacturers
Without the American taxpayer doing more than their fair share to keep them solvent, they’d be selling at 30-40% more.
And they’re not selling. It’s why Musk started offering 84-month financing; to try and convince people to come buy them.
Subsides are good if you believe in climate change. The top 40% (by income) of Americans pay federal income tax, they can afford to provide EV subsides. If you don’t believe in climate change, there is no value in a conversation.