Some people said that there is unfair competition because Chinese EV makers receive a lot of subsidies from the government. But as you can see above, American carmakers also received a lot of subsidies. Ford, GM and Stellantis received USD7.7 billion, USD7.5 billion and USD2.8 billion respectively. Tesla received USD2.8 billion in subsidies, but it received USD4.9 billion in government support in total.
27182818 : And the taxpayers will be asked to bail out GM and Ford yet again after they cede the EV market to Tesla and BYD.
The legacy automakers know they will be bailed out every time so they don't GAF.
Next time let's just let them die.
72188359 : Ford has never been bailed out
MonkeyGee : That's free money for shareholders. How do you get subsidized and also pay dividend.
bullrider_21 OP MonkeyGee : Use the subsidy to pay dividend?
MonkeyGee bullrider_21 OP : I believe intel still has a dividend. 08/07/2024
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