this post was submitted on 09 Jul 2024
451 points (98.3% liked)
Technology
59600 readers
3447 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
I imagine BYD is going to overtake them soon, as they already have in China. It’ll probably be hard for them to break into the protectionist U.S. market but I’m sure everywhere else would be fine with a cheap EV.
Plus, considering Elon Musk just mooched $60bn off of Tesla for doing K and tweeting rot all day, the writing is probably on the wall. I sure as fuck wouldn’t invest in a company where the executives are bleeding it dry.
"protectionist" 🤣🤣🤣
That was partly me being a smart ass — America obviously loves free trade except when it doesn’t — but we did slap 100% tariffs on Chinese made cars and we subsidize EVs that don’t source materials from China (and a few other “nations of concern” that don’t really export those materials anyway).