And that’s precisely what’s happening here. A car manufacturer with a whole-ass government subsidizing it is going to be able to operate just fine at a loss pretty much indefinitely, whereas a normal car manufacturer would sooner or later simply go bankrupt (pointedly ignoring the whole “too big to fail” idiocy, which to be honest, while similar, isn’t quite the same thing).
Comment on US to impose tariffs on Chinese EVs next week
sebinspace@lemmy.world 6 months agoEVE Online taught me this lesson. Those with the resources to do so will take a loss to price you out of the market, because they know you can’t take the losses nearly as long as they can.
gravitas_deficiency@sh.itjust.works 6 months ago
Maggoty@lemmy.world 6 months ago
It’s exactly the same thing.
Maggoty@lemmy.world 6 months ago
This isn’t a mom and pop shop. This is the Big 3 in the country with a GDP 10 trillion dollars higher.
Stop sueding red panic, it’s not the 1950’s.
sebinspace@lemmy.world 6 months ago
Okay