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Comment by jpgvm

12 days ago

The thing about EVs that I don't get with this argument is US auto has been bailed out, subsidized, protected and otherwise coddled for it's entire life. If that doesn't grant it an unfair advantage what will?

The reality is that US protectionism has instead created a market where they didn't need to compete. Where they could build ever bigger cars with only Califonia even attempting to try nudge them in the direction of the rest of the world.

China showing up and eating their lunch isn't because of subsidies, it's due to gross negligence on the behalf of legacy auto.

Has everyone already forgotten the endless hit pieces on Tesla? The almost weekly espousing that "EVs will never work?". I haven't.

This was entirely self-inflicted and just like the first round of protectionism that was designed to ward off Japanese auto industry it will probably end the same way.