• AA5B@lemmy.world
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    1 day ago

    About musk being in favor of dropping the EV incentive

    The argument that “it will hurt competitors’ EVs more than it hurts our EVs” doesn’t cut it.

    Why not? As the first/most profitable EV maker in the US, the only one able to drop prices significantly and remain profitable, the only one that isn’t still trying to repay huge development costs, a manufacturer with half its models too high priced for the incentive, Tesla would do well out of the deal.

    Sure, business would drop temporarily but Tesla is in a good position to make it work. Other US manufacturers couldn’t afford it. They’d drop entirely out of the business, leaving it all to Tesla