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this post was submitted on 27 Jun 2024
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Why is competition for US auto makers a bad thing ?
This isn't competition, it sounds like the CCP heavily subsidises the manufacture, in an attempt to kill the American industry off.
Thinking in decades or centuries is a very powerful tool!
China: "Here, have a bunch of cheap electric vehicles to replace your aging fleet of ICE engines. Don't worry, we're picking up a part of the tab."
Americans: "What a great deal! We'll buy them in droves."
State Government: "Not so fast! This wouldn't be fair to honest, hard working domestic car companies like Tesla and Volvo and Toyota."
Shame we're only capable of thinking about the next quarter's profits.