What Trump’s win means for electric vehicle manufacturers

8 comments

1. Electric cars are the future. They aren’t going anywhere. The world continues to improve them and in many ways are vastly superior to gas cars. Tesla isn’t slowing down and if other car companies choose to, they elect to be behind.

   Propaganda against EVs is effective. Best thing we can do is to educate our friends and family about the benefits and disadvantages, but better yet, take them for a test drive.

2. As much as what Trump’s win means for anything, this will be the final nail in the coffin for the US EV manufacturing industry. US car manufacturers were already facing headwinds with a somewhat muted acceptance of EV’s by American consumers. While the Biden administration had set out clear guidelines for supporting the energy transition and new economy, the intentions of the next administration is confusing at best.
   The long term outlook for the US car industry is even more uncertain when we consider that the rest of the world, led by China, is forging ahead with the EV transition and 40% of US manufacturers production goes towards exports. They will likely never catch up as the international market will be dominated by the foreign car manufacturers who have a significant lead. All in all the age of American car production is coming to an end.

3. Trumpets should be buying up Teslas left and right….right?

4. Well it’s really good for one specific EV manufacturer. Not so great for all the others.

5. EVs aren’t going anywhere. They’ll just be manufactured in China now. You voted for this.

6. Mandate that everyone own an EV that is a Tesla ?

7. The IRA is a lifeline for American manufacturers, credits are given based on American made and sourced content in an EV. If the credits go EV prices will go up consumers essentially share the credit with manufacturers, the price is inflated by the credit. Tesla will be fine, their margins are good.

   So end credits and raise tariffs on China, I think a lot of people don’t realize that “American” cars are made of a lot of foreign components many from China. Tariffs will make everything more expensive, including cars.

   So, the big “3” has spent a lot of money, theirs and ours, pivoting to EVs. Trump smashes shit for the LOLs and everything gets more expensive. Meanwhile in China, so much winning. Detroit was already in the ICU, China ain’t messing around. They tied up a lot of minerals and infrastructure during the first Trump administration while we were busy locking up kids and writing love letters to dictators.

8. I would imagine the future is pretty bright for one EV maker for sure.

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