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The promise that needed 1 billion in subsidies to build a new plant? As soon as the government got involved it was clear they couldn't be profitable on their ow
by toenail 2y ago
The promise that needed 1 billion in subsidies to build a new plant? As soon as the government got involved it was clear they couldn't be profitable on their own.
- riffraff 2y agoTesla got a ton of government subsidies, but is successful, there is no causal relation between the two things.
- toenail 2y agoTesla is still getting tons of subsidies, directly and indirectly. We'll see if they are successful once that stops.
- vardump 2y agoSo does the whole car industry. Directly or indirectly. The industry as a whole is nowhere near paying for its true health and environmental damage.
- tim333 2y agoTesla I think proved it was competent at making stuff before getting much subsidy. Northvolt seems to have got it up from without much battery making.
- atwrk 2y agoHave you seen China? Northvolts demise is completely orthogonal to the concept of subsidies.