(January 21, 2025 at 1:10 am)AFTT47 Wrote: That's the part I absolutely don't get. Why are they not kicking him to the curb? There is no way this ends well for Tesla.
Indeed, it's already going down.
Quote:Tesla stock falls as Trump ends EV mandate, looks to eliminate subsidies
Trump on his first day in office wasted no time shedding the skin of the outgoing administration, revoking 78 executive orders made by former Democratic President Joe Biden during his tenure. One of those Biden-era policies that was revoked mandated that half of the new US cars manufactured be electric by 2030.
Trump also directed his administration to consider the elimination of what he called “unfair subsidies” and “other ill-conceived government-imposed market distortions that favor EVs.” The Biden administration had issued grants and extended tax credits with funding from the Inflation Reduction Act — much of which went to red states — aimed at bolstering the electric vehicle industry and promoting clean energy to combat climate change. The first EV tax credit was passed under former President George W. Bush.
"[EVs] are a rapidly growing market and relatively new technology, but [loss of the EV tax credit] is not trivial. I mean, $7,500 is not trivial,” Joseph Shapiro, UC Berkeley associate professor of economics, told Yahoo Finance in November.
Tesla CEO Elon Musk has said his company won’t take a hit like other EV makers from the rollbacks.
“I guess that there would be, like, some impact, but I think it would be devastating for our competitors and for Tesla slightly,” Musk said on a call with analysts after Tesla’s second quarter earnings report. “But long term probably actually helps Tesla, would be my guess, yes…the value of Tesla overwhelmingly is autonomy.”
https://finance.yahoo.com/news/tesla-sto...17391.html
teachings of the Bible are so muddled and self-contradictory that it was possible for Christians to happily burn heretics alive for five long centuries. It was even possible for the most venerated patriarchs of the Church, like St. Augustine and St. Thomas Aquinas, to conclude that heretics should be tortured (Augustine) or killed outright (Aquinas). Martin Luther and John Calvin advocated the wholesale murder of heretics, apostates, Jews, and witches. - Sam Harris, "Letter To A Christian Nation"
