Problem is that, especially with the automakers, is that a lack of competition becomes an excuse to not invest in innovation. For example, General Motors is throwing billions into stock buy-backs, when they probably should be throwing that into EVs.
Yeah, that’s the stuff that makes this difficult. I can talk all day about what “makes sense”, but you throw one corporate executive into the mix and everything falls apart.
Yeah they aren’t going to invest in their product. They don’t have any reason to now. They’re now the best product you can buy and they raised the price to reflect that.
On the other hand, with more money going to the US alternatives, there’s more potential for a US company to step into that niche once it’s open.
Not that it’ll necessarily happen obviously, but it does make it a bit easier at least.
Also, I feel like I should add the disclaimer of “I’m not American.” I wish I could show my country next to my username or something lol.
Problem is that, especially with the automakers, is that a lack of competition becomes an excuse to not invest in innovation. For example, General Motors is throwing billions into stock buy-backs, when they probably should be throwing that into EVs.
Yeah, that’s the stuff that makes this difficult. I can talk all day about what “makes sense”, but you throw one corporate executive into the mix and everything falls apart.
Yeah they aren’t going to invest in their product. They don’t have any reason to now. They’re now the best product you can buy and they raised the price to reflect that.
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I have yet to see that happen. If anything they’ll just raise their prices because they no longer have any competitors.