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i'm not trying to be snide, but it's worth noting that so much of this is fueled by government subsidies and investments into electric vehicle technology. And t
by hooande 6y ago
i'm not trying to be snide, but it's worth noting that so much of this is fueled by government subsidies and investments into electric vehicle technology. And the current administration is looking to at least double that investment. Things are going to be great for Tesla, but what happens when the subsidies stop?
In a sense, a lot of Ford's growth was fueled by government investment in new roads. Ford kept growing after the government stopped investing, and I think it will be about the same for Tesla. but I'm not sure. The subsidies are so direct and in 15 years EVs will be the rule and not the exception.
Tesla seems like a great investment right now. just not sure how long it will last
- _ph_ 6y ago- While government incentives (tax credits) do help electric car adoption, in the US the ran out for Tesla quite some time ago. So the current growth of Tesla in the US is not fueld by incentives. On other markets they do play an important role though. - Negative incentives (like CO2 taxes) for fossil fuel cars are going to grow. - Most importantly: battery prices are in a constant downfall. We are quicky approaching the point where electric cars are cheaper to make than fossil fuel cars. In the TCO they can be cheaper already.
- deleted 6y ago[deleted]
- kazen44 6y agomind you ford was in a completely different situation in the early 1900's. they made an entire new mode of transportation available to the masses that cut down travel times considerably. most people commuted on foot or by train prior to the car. this massive change of transportation is not what is happening with Tesla.
- jccooper 6y agoTesla hasn't had the Federal tax credit for all of 2020. Most of the rest of their "subsidies" are local government deals, which are common to any large manufacturer. There are foreign governments that do have sales support, but domestic sales remain about half their total.