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No question they benefited from it, they wouldn't have grown nearly as quickly. Regardless though your statement that virtually all their profit being from subs
by DoesntMatter22 1y ago
No question they benefited from it, they wouldn't have grown nearly as quickly. Regardless though your statement that virtually all their profit being from subsidies is just factually incorrect.
I definitely think it will hurt US sales somewhat, however it's going to drive the other EV makers in the US into the tank. Most are still hemorrhaging money on their EV's. Tesla can just drop their production amount if sales fall off.
The US market is less than half their sales. We shall see.