Starting a car company is not ever going to be a business anyone can set up.
Funny, because that’s exactly what both BYD and Tesla are, that are now the 2 biggest EV makers in the world. And Polestar was started by previous Volvo employees. Fisker is started by a car designer. There are probably more examples, so in short you are making an argument from ignorance.
When there are multiple established companies, then we can worry about how fair the competition is.
But there ARE multiple established companies already, yet you say we should still accept unfair competition?
But anyways it can never make sense, unfair competition always end up hurting customers exactly by making the number of competitors fewer not more, and forces otherwise competitive companies out of business.
Your stance simply doesn’t make any sense in any way, and will hurt both consumers and tax payers long term.
Strange that nobody complained when Tesla got the subsidies.
Germany also subsidies it’s car makers.
I don’t agree with subsidies long term, but car manufacturing is not an industry that anyone can start up. It needs capital. Governments can provide that, at least initially.
And if government is going to supply capital, I’m happy to get a cheaper product that is paid by another government. In this case byd is providing the needed competition. Without them Tesla were outgrowing everyone, thanks to previous market distortion. It’s just sour grapes at this point.
Funny, because that’s exactly what both BYD and Tesla are, that are now the 2 biggest EV makers in the world. And Polestar was started by previous Volvo employees. Fisker is started by a car designer. There are probably more examples, so in short you are making an argument from ignorance.
But there ARE multiple established companies already, yet you say we should still accept unfair competition? But anyways it can never make sense, unfair competition always end up hurting customers exactly by making the number of competitors fewer not more, and forces otherwise competitive companies out of business.
Your stance simply doesn’t make any sense in any way, and will hurt both consumers and tax payers long term.
Strange that nobody complained when Tesla got the subsidies.
Germany also subsidies it’s car makers.
I don’t agree with subsidies long term, but car manufacturing is not an industry that anyone can start up. It needs capital. Governments can provide that, at least initially.
And if government is going to supply capital, I’m happy to get a cheaper product that is paid by another government. In this case byd is providing the needed competition. Without them Tesla were outgrowing everyone, thanks to previous market distortion. It’s just sour grapes at this point.