vegeta@lemmy.world to Technology@lemmy.worldEnglish · 8 months agoTesla sales plunge 40% in Europe as Chinese EV rival BYD's triplewww.cnbc.comexternal-linkmessage-square216linkfedilinkarrow-up1377arrow-down111
arrow-up1366arrow-down1external-linkTesla sales plunge 40% in Europe as Chinese EV rival BYD's triplewww.cnbc.comvegeta@lemmy.world to Technology@lemmy.worldEnglish · 8 months agomessage-square216linkfedilink
minus-squareUlrich@feddit.orglinkfedilinkEnglisharrow-up0·8 months agoThat’s because they’re also heavily subsidizing that industry out of self-interest. That’s the “emerging markets” I mentioned above.
minus-squareBoomer Humor Doomergod@lemmy.worldlinkfedilinkEnglisharrow-up1·8 months agoWhich sounds like a good idea for everybody. Maybe other countries should do the same thing. I’m no fan of West Taiwan but they’re doing a lot more to decarbonize than most other major economies.
minus-squareAmberskin@europe.publinkfedilinkEnglisharrow-up0·8 months agoThey are subsiding the deployment of clean energy sources? Good for them. And good for the world.
minus-squareUlrich@feddit.orglinkfedilinkEnglisharrow-up0arrow-down2·8 months agoSure, it’s great for everyone, right up until it’s not anymore because they’ve erased the competition and then jacked up the prices to the point that common people can’t afford them, and further driven down workers’ wages in the process. Is no one else familiar with the concept of Predatory Pricing?
That’s because they’re also heavily subsidizing that industry out of self-interest. That’s the “emerging markets” I mentioned above.
Which sounds like a good idea for everybody. Maybe other countries should do the same thing.
I’m no fan of West Taiwan but they’re doing a lot more to decarbonize than most other major economies.
They are subsiding the deployment of clean energy sources?
Good for them. And good for the world.
Sure, it’s great for everyone, right up until it’s not anymore because they’ve erased the competition and then jacked up the prices to the point that common people can’t afford them, and further driven down workers’ wages in the process.
Is no one else familiar with the concept of Predatory Pricing?