The SkyNomad—with heated floors, a projector, a pop-up roof, a fridge, swiveling seats, and over 1,000 miles of range—is a “luxury” ride that undercuts Range Rovers by tens of thousands of dollars.
Both statements can be true at the same time. But the scale of one is many times larger.
China’s MO from rare earths and magnets to cars to silicon follows the same plan. Take IP, Subsidize the industry, Research, once you have a monopoly use it to squeeze adversaries.
I will say at least China is willing to kill off underperforming companies.
The US needs to let a lot of legacy companies that aren’t performing die off. It also needs to break up oligopolies in many industries. Why compete when you can buy up the future competitors and set prices with a handful of competitors. The financialization of our economy is choking us.
American capitalism has rendered companies incapable of producing anything that’s not crap at a scale because they need to maximise profit at all costs, while quality doesn’t mean shit. Every company is Boeing.
Oh yeah, because US car companies are NOT subsidized at all /s
Both statements can be true at the same time. But the scale of one is many times larger.
China’s MO from rare earths and magnets to cars to silicon follows the same plan. Take IP, Subsidize the industry, Research, once you have a monopoly use it to squeeze adversaries.
I will say at least China is willing to kill off underperforming companies.
The US needs to let a lot of legacy companies that aren’t performing die off. It also needs to break up oligopolies in many industries. Why compete when you can buy up the future competitors and set prices with a handful of competitors. The financialization of our economy is choking us.
Sure, but try launching a new auto startup here. It’s a lot harder than in China.
Wrong. US manufacturers have effectively been shut out of China. But not before they made investments that China basically stole.
Who would want a US made car?
Even Americans don’t want them.
I worked in the government for a bit, national park service if it matters, we were only allowed to use US made vehicles.
Constant recalls, constant breakdowns, overall unreliable. These were all vehicles that were less than 5 years okd
I have a 2007 toyota today that refuses to die and has barely needed any work. I’ll probably have it at least another 3 to 5 years at this rate.
American cars are shit
American capitalism has rendered companies incapable of producing anything that’s not crap at a scale because they need to maximise profit at all costs, while quality doesn’t mean shit. Every company is Boeing.