this post was submitted on 15 Sep 2025
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Electric Vehicles
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Uh huh. So China's subsidies make them competitive and America's makes them lazy, I wonder if maybe there might be another problem in this equation.
China doesn’t bail out companies. It funds new companies to help them get started, but if you fail you fail. You don’t get bailed out.
Plus when our companies fail the CEOs get golden parachutes whereas if their companies fail the CEOs might get pushed out of plane without any type of parachute..
Tackling out of planes is more like Russia. Look at Jack Ma. He’s alive and well. Probably he was smart enough to shut up and take what he was given.
Evergrande looking like 👀
Bad management. Just look at Europe. It is in many ways a US colony. Tesla which used the subsidies best, has an insane CEO and the main new product can not be sold in Europe. GM is basically not even competing since selling Vauxhall/Opel. Chrysler has been merged into Stellantis, so taken over by European car makers. Only Ford manages to do somewhat well.
Ford has been supported by government purchases
Which government?
i think its the capitalism and the get rich at any cost mentality, but i digress.