Biden wants to expand government subsidy of 10k for EV buyers. This is welfare for people buying 40,000 dollar auto's and higher. How will people who cant afford a Tesla be rewarded? Taxing us by the mile since EV's don't pay gas tax. Musk is the richest man in the world and a large chunk of Tesla's earning come from cap and trade style credits. That it sells to companies like Ford and GM so they can meet the fleet MPH. Tesla also earns cash from rebates both federal and state. Welfare is a complex issue, people make mistakes and need help. Corporate welfare rewards the richest people with our tax dollars and debt. It is time we fight this war.
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Gee wonder why Elon was valued as the richest man in the world? Almost like these market experts know something we don't know!
Ford said they plan to phase out the combustion engine by 2030.
Also they plan to phase out vehicle ownership entirely. The progressives believe in a world where you don't own anything. Technology solves everything..
You will just summons a self driving car and use it to get to your destination...
They plan on everything as a service... ( To save to world obviously ) not to consolidate power to a handful of companies and people. they would never do that!
Chevy said that. I’ve never heard of ford announcing that and I’m on ford forums all day long. But I’ll be happy to be proven wrong. Ford just came out with the 7.3L “Godzilla” engine. They wouldn’t do that if they plan to remove combustion engines in 9 years.