Published On Sep 2, 2021
I actually can't see EV tax credits benefiting the legacy autos. The main benefit really comes to Tesla customers, as they can now buy a Tesla for about $10,000.
Some car dealerships may increase the prices of their EVs to profiteer from the opportunity, but legacy autos still won't be able to produce a profit, and they won't be able to get their prices down to compete with their ICE. There doesn't appear to be any saving Ford or GM, and maybe not even Volkswagen either.
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