Cars - For Car Enthusiasts

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Why is Biden blocking the cheapest, most popular EVs in the world? (www.vox.com)

submitted 11 months ago by return2ozma to c/cars

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[–] PP_BOY_ 1 points 11 months ago* (last edited 11 months ago)

So two full "we cant even hide this one, its a bailout" bailouts? Plus, however, many times that the Big Three should've gone bankrupt if not for lobbying Congress? Look at how scared they are over affordable EVs entering the market because they know how quick they'd go under if they had some actual competition.

The second point is intentionally misleading. The source shows that "we" (not me) made a profit (3% over six years isn't a profit, it's inflation) off auto and bank bailouts. How much damage has been caused by the Big Three since they learned they could run their companies directly against the desires of the market and get away with it?