Elon goal #1 just announced. Trump admin plans to kill EV tax credit. Keep yanking up that ladder behind you Elon.
How does that help Tesla?
Harder for companies that aren't established with EVs to catch up to a well-established company like Tesla.
Does that mean Tesla doesn't plan on ever selling anymore cars either?
Tesla is still way ahead of the other companies efficiency wise. They have much more room to lower prices to entice customers than the newer companies. Tesla barely made it out of the early stages of the company with people having an incentive to buy the cars with the tax break. Just like Space X, Elon benefited bigly from the government incentives he hates now.
That sounds logical, but I was thinking more in terms of competition from Ford, Chevrolet, GMC, Toyota, Honda, Nissan, Kia, Hyundai, BMW, Mercedes, etc. who have much larger budgets.
Also, I would think a large portion of the potential market will think hard about purchasing an EV (whether their first, multiple, or trade-in) if they can't get the tax credit. Why would Elon want to drastically lower the price of his cars? Couldn't he still lower his prices below others while still getting the extra money?