Tesla sales plunge 40% in Europe as Chinese EV rival BYD's triple
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Hell yeah
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Let me guess, the stock did go up?
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Let me guess, the stock did go up?
Today down 1.37%, but up 7.14% overall for the week.
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Today down 1.37%, but up 7.14% overall for the week.
I'm sure the free market knows what's right /s
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I'm sure the free market knows what's right /s
FSD tomorrow, amirite
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Oh no! I think I left the oven on
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CCP subsidizes the absolute shit out of domestic EVs (and many other emerging technologies) which basically forces people to buy them, so it shouldn't be any surprise they're selling them like crazy. Meanwhile conservatives in the US are stripping incentives away.
E: holy shit, the Lemmy tankies are real. I literally only spoke negatively of the US and yet I'm immediately blasted with their default replies; whataboutisms and false equivalencies about the US, in a conversation about the European market.
E2: please read up on Predatory Pricing before replying to me.
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CCP subsidizes the absolute shit out of domestic EVs (and many other emerging technologies) which basically forces people to buy them, so it shouldn't be any surprise they're selling them like crazy. Meanwhile conservatives in the US are stripping incentives away.
E: holy shit, the Lemmy tankies are real. I literally only spoke negatively of the US and yet I'm immediately blasted with their default replies; whataboutisms and false equivalencies about the US, in a conversation about the European market.
E2: please read up on Predatory Pricing before replying to me.
Good! I‘m grateful that the CCP is stepping in where the West is ignorant. Thanks to heavy lobbying by fossil fuels and car industries we would never have affordable cars in Europe without China. Thank you Xi Jinping for saving the climate
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CCP subsidizes the absolute shit out of domestic EVs (and many other emerging technologies) which basically forces people to buy them, so it shouldn't be any surprise they're selling them like crazy. Meanwhile conservatives in the US are stripping incentives away.
E: holy shit, the Lemmy tankies are real. I literally only spoke negatively of the US and yet I'm immediately blasted with their default replies; whataboutisms and false equivalencies about the US, in a conversation about the European market.
E2: please read up on Predatory Pricing before replying to me.
“In Europe”
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Good! I‘m grateful that the CCP is stepping in where the West is ignorant. Thanks to heavy lobbying by fossil fuels and car industries we would never have affordable cars in Europe without China. Thank you Xi Jinping for saving the climate
LOOOOOLOLOLOL have you looked at China's greenhouse gas contributions lately? They don't give a fuck about the climate, they're just trying to drive other countries out of the market.
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“In Europe”
Sorry, did you have a question?
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CCP subsidizes the absolute shit out of domestic EVs (and many other emerging technologies) which basically forces people to buy them, so it shouldn't be any surprise they're selling them like crazy. Meanwhile conservatives in the US are stripping incentives away.
E: holy shit, the Lemmy tankies are real. I literally only spoke negatively of the US and yet I'm immediately blasted with their default replies; whataboutisms and false equivalencies about the US, in a conversation about the European market.
E2: please read up on Predatory Pricing before replying to me.
You should learn about US fossil fuel subsidies. The US alone pumps almost 800 billion/yr into subsidising the industry. Total subsidies worldwide are around 7 trillion/yr.
China tossing 40 Billion/yr into EV/battery subsidies is basically pocket change.
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LOOOOOLOLOLOL have you looked at China's greenhouse gas contributions lately? They don't give a fuck about the climate, they're just trying to drive other countries out of the market.
Chinese carbon emissions may have peaked this year and they’ve deployed more renewables than the rest of the world combined.
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I'm sure the free market knows what's right /s
And it's totally not just a rich man's playground.
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CCP subsidizes the absolute shit out of domestic EVs (and many other emerging technologies) which basically forces people to buy them, so it shouldn't be any surprise they're selling them like crazy. Meanwhile conservatives in the US are stripping incentives away.
E: holy shit, the Lemmy tankies are real. I literally only spoke negatively of the US and yet I'm immediately blasted with their default replies; whataboutisms and false equivalencies about the US, in a conversation about the European market.
E2: please read up on Predatory Pricing before replying to me.
Corporations are not as self-sufficient as they claim to be.
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You should learn about US fossil fuel subsidies. The US alone pumps almost 800 billion/yr into subsidising the industry. Total subsidies worldwide are around 7 trillion/yr.
China tossing 40 Billion/yr into EV/battery subsidies is basically pocket change.
I have no interest in a pissing match over which country is the worst in the world, I am discussing why China is dominating the EV market in Europe.
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Corporations are not as self-sufficient as they claim to be.
Relevance?
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Chinese carbon emissions may have peaked this year and they’ve deployed more renewables than the rest of the world combined.
That's because they're also heavily subsidizing that industry out of self-interest. That's the "emerging markets" I mentioned above.
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I have no interest in a pissing match over which country is the worst in the world, I am discussing why China is dominating the EV market in Europe.
China spending 1/20 of what the US does to subsidize cars isn't relevant? Sure thing buddy.
The whole point of all of these "china is only dominating in EV sales due to subsidies" comments is to throw shade on China's impressive progress in clean tech. A contrast of their subsidies vs other countries in the same space, motor vehicles, is entirely relevant.
