4 ms·
I think ascribing a unit price to the Chinese government's grants is what is misleading. To put it another way: Each company only ever produced one car and sol
by legitster 2y ago
I think ascribing a unit price to the Chinese government's grants is what is misleading.
To put it another way: Each company only ever produced one car and sold it in the US - no tariffs. A Tesla buyer would receive $7500 from the US government and Tesla would receive $0. A BYD buyer would receive $7500 from the US government, and BYD would have already gotten $3 billion dollars from the Chinese government.
It's not at all an apples to apples comparison.
- nanotuber 2y agoA BYD buyer would not get $7500 from the US government. It is not a qualified manufacturer, which are companies from the US and allies (Germany, Japan): https://insideclimatenews.org/news/04012024/inside-clean-energy-short-list-of-evs-that-qualify-for-tax-credit-2024/ https://insideclimatenews.org/news/04012024/inside-clean-ene... Is it just a "subjective point of view about an apples-to-oranges comparison" or is there a very clear way to objectively base the criticism of China? > I think ascribing a unit price to the Chinese government's grants is what is misleading. Could you expand on this? I do not understand it.
- nanotuber 2y agoNote: Tesla does get the $7500 and gets it immediately, from the customer, who is then reimbursed later by the US government. If you check Tesla's website they count on this: they advertise Tesla prices after the rebate, even though the customer will go out of pocket for more. This may be a moot point though. Before Telsa gets this $7.5k, Tesla gets a subsidy of $1.5k in regulatory credits per vehicle from the US government for producing electric vehicles (around the same / more than BYD gets per vehicle from the Chinese government).