Well yes, they’re subsidized by a country that has focused on increasing the quality and speed of manufacturing for like 3 generations. The US stagnated on that front. You cannot compete with a subsidized oligopoly composed of more skillful people.
Just to be clear, the US heavily subsidizes the auto industry as well, it’s just that because we’ve bailed them out so many times the auto industry hasn’t cared to innovate in decades.
Uh huh. So China's subsidies make them competitive and America's makes them lazy, I wonder if maybe there might be another problem in this equation.
China doesn’t bail out companies. It funds new companies to help them get started, but if you fail you fail. You don’t get bailed out.
Plus when our companies fail the CEOs get golden parachutes whereas if their companies fail the CEOs might get pushed out of plane without any type of parachute..
Tackling out of planes is more like Russia. Look at Jack Ma. He’s alive and well. Probably he was smart enough to shut up and take what he was given.
Evergrande looking like 👀
Bad management. Just look at Europe. It is in many ways a US colony. Tesla which used the subsidies best, has an insane CEO and the main new product can not be sold in Europe. GM is basically not even competing since selling Vauxhall/Opel. Chrysler has been merged into Stellantis, so taken over by European car makers. Only Ford manages to do somewhat well.
Uh no. You conveniently ignored the most important part of my comment.
I saw this guy talking to his assistant at a shitty hotel/resort and he treated her like a normal human. It was oddly comforting that CEO's could do that.
Damn sounds like it's time to trade up to a rivian
I'm really hoping the R3 will be under $40k (it won't).
R2 reservation gang represent!
Founding CEOs and those working for small companies usually are at least not-far-removed from the life experiences of their employees. In many cases they draw a relatively low salary and have a meager lifestyle compared to their most skilled employees. The pop culture tropes of the callous fatcat, ruthless machiavel, nepotistic bungler, etc are informed mostly by career CEOs hired by much larger corporations.
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Electric Vehicles are a key part of our tomorrow and how we get there. If we can get all the fossil fuel vehicles off our roads, out of our seas and out of our skies, we'll have a much better environment. This community is where we discuss the various different vehicles and news stories regarding electric transportation.
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