…Tesla - by far the nation’s biggest EV maker - have told a Trump-transition committee they support ending the subsidy…Elon Musk, one of Trump’s biggest backers and the world’s richest person, said in July that killing the subsidy might slightly hurt Tesla sales but would be “devastating” to its U.S. EV competitors, which include legacy automakers such as General Motors.
Jesus. So much for the idea that Tesla is working to accelerate the transition from ICE vehicles to EVs.
I will never buy a fucking Tesla. Ever. I would buy a Chevrolet Equinox EV, and I encourage anyone who is in the market for a new vehicle to buy one before the tax credit goes away.
Edit: I would also get the Honda Prologue. It’s also eligible for the $7,500 tax credit. So is the Volkswagen ID.4.
I’ll honestly buy a Toyota, Honda or Hyundai before I ever buy a GM.
The first two are built here in North America and give jobs directly to my friends.
GM and fuck off an die. They’ve turned out turds for 30 years now and don’t deserve to be helped to stay afloat.
The only legacy NA car manufacturer I’d consider is Ford.
But yeah, you’d be a goof to invest in a Tesla vehicle at this point.
The Prologue and Equinox are a joint venture between Honda and Chevrolet!
As a Canadian I would never buy a GM product because of the shit they pulled after 2008.
Chevy volt was and is still a great car. 2000s Chevy trucks are amazing. The Cruze is a steaming pile, the bolt had a battery problem but the ones that got free replacements are doing great, can’t think of any other major issues with Chevy tbh.
Saying you’d only buy a Ford is crazy work and just shows you really aren’t super informed about cars at all. The focus, the edge, the escape, the ecosport are all dogshit. Certainly not better than gm.
Neither of them are Honda status, but the dud of the 3 domestic manufacturers is stellantis save for ram 1 ton trucks.
I’ve been driving a Fusion Hybrid for years now, and it’s been surprisingly great.
I always wondered how ford hybrids were, my mom has a regular fusion that has been a champ for 250k miles so far.
As long as you take care of it, they seem like solid cars. And this is coming from someone who has pretty much only ever driven Japanese cars (and driven them into the ground, to well I’ve 200k miles). At least the ones from like 2012-2015… I can’t really speak to other years
Yeah Honda and Toyota are goated. Toyota recently is falling hard tho. Be careful if you’re in the market for one soon, 2022 and up Toyota is losing their reputation quickly
That truck Scout is planning looks really good for anyone in the pickup market.
I love the way those look
Are Teslas cheaper than the others?
No, but they are the only vehicle members of the Church of the Crypto Musk are allowed to buy.
After driving several Chevy vehicles over the years, I’d never buy one myself. Would definitely not trust them to make a good EV.
Their volt program was excellent. Gen 1 volts are tanks. I have a gen 1, and gen2. The gen2 has 1 big issues with a free recall to cover it. Still a great car.
Bolt is good too so far. I got one with a replaced battery from the recall.
Well that’s good. I still don’t trust Chevy’s build quality since every one I’ve driven in the last couple decades had problems bad enough for recalls. Also the interior trim of everything just feels cheap to me. We went with a Japanese PHEV instead
Musk LOVED that tax credit until he used it all up, now wants to deny other automakers the subsidy that saved his ass again and again.
The current structure of the credit doesn’t get used up like that anymore. Tesla vehicles are still eligible. Musk thinks removing it would hurt competitors more than him.
Yes, because the government exists to openly help billionaires eliminate their competition.
Unreal. Dude isn’t even in office yet. They can’t even wait 2 months before going full fascist.
But Democrats will make sure the transition to our new dictatorship is peaceful, so nothing to worry about there!
It’s profit margin
7.5k on a 30k EV is huge, and would lead to lots of sales.
No one stupid enough to pay 110k for a cyber shit will car about a 7.5k tax credit.
So Tesla might take a little hit, but it’s a huge disadvantage for affordable EVs
Tesla could have pursued an affordable model, but instead Elon pushed the robotaxi, and Elon said there was no need for an affordable Tesla model. If we assume that he actually expects to release the robotaxi at some point, and that he actually thinks it’s important for anything other than trying to pump up stock, then it certainly looks like his plans are more focused on fleet sales than trying to sell to consumers. Making cars less affordable across the board (and slashing any funding for public transportation) only helps that business model.
Good, we should not continue to subsidize profits for private companies. Nobody that is actually in a place that NEEDS help buying a car will ever be in the market for a NEW car nevermind an EV, all these tax credits do is help well to do people justify buying a new car. If EVs can’t sell without the big credit, their not ready for the market anyways.
This is up to congress (who have GOP members who like either UAW or auto company profits/sustainability), but would be a big mistake. US transition to EV is already slow, but models with lower sticker prices than inferior ICE vehicles, and legitimate competition to Tesla, are being released, in addition to much lower operating costs, and future revenue potential from V2G (or robotaxi). There will be no more investment in new ICE vehicle performance or capacity, even in US.
There have been significant IRA related announcements around EV production in US mostly from colonies. Part of the attractiveness for US/NA production is this tax credit. If the US is trying to kill EV market both by eliminating this tax credit, and not investing in charging infrastructure, then the US becomes a shithole country for investment and very high cost production.
This is one of many job destroying, and deficit/debt balooning, measures that are intended, and will significantly impair/collapse US economy such that mid terms GOP will be voted out. The biggest collapsing intent is a war on Iran, which risks high spike in oil prices, that are ironically good for EVs, but they will need to be imported if US investment is discouraged.
Geopolitical headwinds with colonies are global warming, Israel supremacy, and colonial brainwashing to pay more for war on Russia with ambition of cutting off colonial imports from Russia, and increase tributes to US. Biden/Blinken were masterful at pretending to be pro-human, while achieving the above destruction. Geopolitical alliances with US are likely to be much weaker under Trump, though Trump humanizing media promises that every disrespectful order he gives every country will be executed with enthusiasm.
That said, a carbon tax (with dividend paid to residents) is much better than an EV credit. Emissions are based on miles driven. Many alternatives to an EV purchase are available to reduce that number.
I cannot believe you’re getting upvoted.
Half of your tirade makes no sense…
“Geopolitical headwinds with colonies are global warming…”
Did a worm eat your brain? Everything all right buddy?
You should lay off the drugs for a while
“Geopolitical headwinds with colonies are global warming…”
The colonies, who do not produce oil, care more about global warming than the US/Trump does. That means, this is one of many issues the colonies will push back against their hegemon/master. Trump’s style in demanding greater subservience from colonies will certainly have media demanding more backbone from them, and perhaps loosen their subservience as a result.
