Comment on Donald Trump Team Plans to Cancel Biden's $7,500 Tax Incentive On EVs
philpo@feddit.org 2 months agoTesla, according to Musk,can keep the prices due to their insane margins. Musk actually wants these subsidies cut to destroy his competition.
megopie@beehaw.org 2 months ago
I just don’t think his product will be competitive when the market moves up a whole price bracket, even if he thinks so.
People willing buy a 30,000$ new car are going to have more patience for poor quality than people who are willing to pay 40,000$. Like the market will shrink as some people are priced out, and those who remain will probably opt for something like an Ioniq-5, a Solterra, or a EX30 which are just nicer cars. Their main issues right now are a lack of availability, but that’s less of an issue as the market shrinks.