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To: Tell It Right

I would agree that the price would drop to $7500 less if there were no tax credit, but...if you are already losing $130,000 on some model (I still cannot wrap my head around that, and wouldn’t believe it except it was Car and Driver I saw it in)...well.

I guess the difference between losing $130,000 and $137,500 on each one sold would be a spit in the wind.

I really cannot fathom this. Are all the shareholders complete and total Leftists, where this kind of loss on each vehicle is okay if it pushes an agenda?

I am not embarrassed at all to say I don’t get it.


73 posted on 06/05/2024 10:11:31 AM PDT by rlmorel (In Today's Democrat America, The $5 Dollar Bill is the New $1 Dollar Bill.)
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To: rlmorel
I really cannot fathom this. Are all the shareholders complete and total Leftists, where this kind of loss on each vehicle is okay if it pushes an agenda?

Big institutional investors like Blackrock and Vanguard have all the sway. They are heavily into ESG. Ford/GM didn't decide to go all electric back in the day without their nudging. Now it has backfired.

91 posted on 06/07/2024 6:24:58 AM PDT by EVO X ( )
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