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Could the business geniuses have NOT written off tens of billions in investment in EV production, just because this one president is having a tantrum? Do they do any market research?

I love that trump will be the end of oil. The end of so many things

They're also the leading lobbyist working against EVs and will lose that second largest stat by end of this year as they work to rapidly dismantle their EV growth by cutting models, increasing prices and killing incentives.

Remembering how Trump had service members down on their knees last month rolling out the red carpet for Xi, who had plenty of reasons to smile.

and they are being discontinued after 1 year! I suppose poor sales came first but now it's self-fulfilling, who wants a car with a 1 year run?

How dumb can they be, thinking EVs were dying? Did they think horses and buggies would beat cars?

I work for Rivian 🫤

It’s the fusion of cruelty, incompetence & nihilism. In the world according to Trump, nothing matters other than “winning.” Same as it ever was.

don't it feel great? especially if you get to pass one of those MAGA dickhead lifted diesel trucks with the flags and huge tires

Which proves he is not a very smart boy as he thinks he is.

Yes, but also any automaker that didn't have a 10-20y fossil phase out roadmap that included contingencies for political pendulum swings is reasonably assumed to be run by delusional fart sniffers.

Self inflicted harm by US auto industry. They delay all tech advances - seat belts, air bags, anti-lock brakes.

wait why do you think GM left the market?

"Tomorrow your most reliable suppliers' products will cost 50% more. Or maybe not. But also, definitely. Unless..."

Also was exactly the disruption Toyota needed to catch up on EVs. All that naysaying a few years back was a smokescreen.

It very much feels like a “get what you deserve” moment that will nonetheless be ignored by everyone who should actually learn from it.

"America Last"

Don’t forget tariffs auto parts made in Canada

We have to do muscle confusion on the production lines

And aluminum. And copper.

I mean, plan more than 3 quarters out???

To be fair, Hyundai didn't give up on EVs made in Georgia even after the tax credit repeal: www.autoweek.com/news/a711222...

Certainly high executives don't seem to be.

This is America. The savvy businessmen have mostly died out. Now all we’ve got is nepo babies and grifters and combinations of the two.

Sorry, we spent 50 years teaching MBA bros and morons that "stock price go up NOW" is the only consideration for a corporation

Mine came in even better than that. Only $200 a month for 95% replacement. My power bills have been insane this summer in the South.

Our power company offers some decent incentives. I can get a battery backup for basically free.

The OEMs asked for this. Mary has ruined GM. The other ceos aren’t much better but they all pushed to roll back CAFE standards.

It’s almost like he’s corrupt and using the US government to make a handful of people fabulously wealthy at the expense of everyone and everything else, launching the US into a self-inflicted economic, political and environmental crisis.

It was shocking how fast every used Nissan Leaf and Chevy Bolt in a 200 mile radius was snatched up this summer

Because they're readily winding down their EV growth by cutting models, slowing new model development and pulling financial incentives while raising prices to kneecap their own sales, plus the whole lobbying against EVs increasing thing.

Yes, that's what I wrote! They had to. EV sales in the US are down 30%. That the "Trump fucked them" part. But posts like the one I responded to, and many of the replies, seem to assume if GM doesn't have a worldwide portfolio, not to mention numerous EV in the US *today* -- it's weird.

You’d think, given all of the trillions of dollars and blood lost in wars related to oil interests, that America would invest heavily in renewables and EVs. Self-destruction seems to be the chosen course. No greater value than the dollar.

It's not most Carmakers, it's primary GM and Ford, and they didn't ask Trump for permission, they directed this effort and are constantly working to undermine EV adoption, improved fuel economy, more affordable options for American families at the expense of those families heath- they're the baddies

Believing trump over experts😏

Trump is fucking up a transportation sector so much they'll have to make a Roger Rabbit movie about it.

Given that they gain power when economic conditions make eggs expensive when the opposition is in charge, what incentive do they have to leave a functioning economy for the opposition to inherit?

Saw a very nice looking E-SUV in Mexico with the Chevrolet brand. Called Spark (a name used on earlier e-models). Built in China for the Latin Am. market. I do think in the US & Canada the industry deserves blame for dragging the feet domestically on EV’s, instead pushing IC vehicles at rednecks.

Deals are his art form

Sure. OTOH, American cars were globally infamous as poorly-built archaic behemoths long before Trump arrived. Trump is the symptom, the USA is the disease.

And with interest rates climbing on auto loans, that is another cause for declining auto sales in the US.

Strange how trump's war in Iran suddenly led to a surge in EV sales. You'd think trump had investments in EVs.😍

I'm old enough to remember the absolute outage on the right about "picking winners & losers" because the government made a loan to Solyndra and they went under. This policy flip-flop on EVs, coupled with soaring gas prices will cost Detroit and US consumers BILLIONS.

Chinese Automakers make a superior product! instead of learning from them or simply *allowing* consumers access them in the free market there’s been a bipartisan effort to enter an industry death spiral

add this to list of automaker woes bsky.app/profile/nick...

But will they crater Trump because of it? I kinda miss the robber barons, they had big brass balls and would have destroyed a government for this shit.

In fact here's the link to their website BYD Europe share.google/8xNXHfOLPD3y...

Didn’t know that. Thanks. Fruits of Brexit I guess.

except for the global increase in coal use etc.

I partially blame democrats for not coming out immediately after Trump announced the regulations going away and saying that the regulations and timelines would be immediately reimplemented as soon as a democrat retakes the White House so they might as well keep with the planned timeline.

Drill baby drill…a hole into the auto industry

But...if he wanted to destroy the US this makes perfect sense.

And lobby to kill or retard EV adoption and push relentlessly to loosen fuel economy standards, all working in concert to maker American families poorer and sicker. They're the baddies.

#ETTD The American economy is about to learn this as Trump goes on an absolutely devastating petulant revenge Crusade against the American people who didn’t satisfy his narcissistic toddler needs by voting for him in a couple of weeks 

plus tariff war with Canada, which is pretty fully integrated into the manufacturing process/supply chain up here in Michigan