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>They have world-class batteries and insatiable domestic demand Excellent, then they won't have an issue with losing their export markets to tariffs, because t
by Sabinus 2y ago
>They have world-class batteries and insatiable domestic demand
Excellent, then they won't have an issue with losing their export markets to tariffs, because they can just sell their EVs to the "insatiable demand" of the local consumers.
>what if China is undercutting us because their cars are just better
Price/performance they ARE better, China can produce cheaper because of their years of (government aided) investments and economies of scale. Of course, we aren't obligated to buy from belligerent states engaging in strategic mercantilism producing the goods of the future. We aren't obligated to prop up the Chinese export-oriented economic model in pursuit of one generation of cheap EV cars.
- sabbaticaldev 2y ago> excellent, then they won't have an issue with losing their export markets to tariffs, because they can just sell their EVs to the "insatiable demand" of the local consumers. that’s what happened but the point in discussion here is why Tesla does not have competition in the US and the answer is simple
- Sabinus 2y agoThe answer above was apparently 'protectionism'. If we're only putting tariffs on EV cars from one country, then how is protectionism the simple answer?
- redserk 2y agoBoy do I have news for you if you think China is the only country that pours money into domestic R&D for strategic commercial development…
- Sabinus 2y agoIndeed, plenty of countries engage in a bit of strategic development. Plenty of countries aren't belligerent communists though. Communism brings the state direction of industry to another level and with Xi as the new leader for life means they'll be extra implacable.
- Qwertious 2y agoThey're communists but they're capitalisting better than the actual capitalists, and you're advocating for out-communisting the communists. Protectionism doesn't work, because you can block them from selling in your country's market, but you can't block them from selling to every other country in the planet. Meanwhile, tarrifing their cars will be as effective in helping domestic industry drop prices as it was for Harley Davidson since the 1970s (who received "temporary" protectionism). This isn't a result of some evil communist plot, China just had their shit together 10-20 years ago and are reaping the rewards.