I don’t mind bashing Musk for a second, but as far as I know China follows a startup mentality with electric cars - the government supports the industry so they can sell cars below their actual price, and once they killed all their competition they can increase.
Like that time a US state subsidised Tesla with a billion dollar factory in exchange for jobs most of which were never delivered. I bet in China at least they would expect their grant deal to be fulfilled.
I’m not trying to advocate for China, just pointing out how much of Tesla’s current position is the result of hand outs (see; carbon credits)
I don’t mind bashing Musk for a second, but as far as I know China follows a startup mentality with electric cars - the government supports the industry so they can sell cars below their actual price, and once they killed all their competition they can increase.
There’s no fair winning against this policy
I would think that the winning move would be to impose enough tariffs to offset the foreign government subsidies, yet still promote some competition.
And the US supports the oil and gas industry. The government supports the industry so they can sell gas below its actual price.
So they’re just like Uber. Why didn’t they put a 100% tax on them?
Like that time a US state subsidised Tesla with a billion dollar factory in exchange for jobs most of which were never delivered. I bet in China at least they would expect their grant deal to be fulfilled.
I’m not trying to advocate for China, just pointing out how much of Tesla’s current position is the result of hand outs (see; carbon credits)