surprise ,surprise, about about the exact amount of the gov subsidy
And other folks think they’re getting a $7,500 tax credit for buying one. Pretty sure they don’t qualify under the rules. Sorry. 😵😲🤔
EV car and truck prices will get so high that, the only way to afford them is to get “EV mortgages”. Otherwise, not too many people will be able to get them if the terms for paying for them are with 7 years or less loans.
Ford/GM have a deal with the democrats and they’ll get as many secret bailouts as they need
I can’t visualize an all-electric Mustang, of all cars.
Biden wants everyone to own a EV car yet he doesn’t own one but get to play with his corvette.
aka finger to you pal
Same as it ever was
Was never going to buy one anyway.
Ford also laid off 3,000 office workers because they are gong all in on electric.
I’m betting that a quick scan of any minutes of any secret meetings between the car companies and this administration, it would be evident that the government is pushing all of this, promising the moon and, of course, the companies are responding to that information.
The CEOs, etc actually believe these morons. And I’m wondering what else is being offered. He just, without any authority, gave away a few hundred billion to folks that don’t want to pay back their student loans.
But...
You read a story like this, then you do some quick research and see this:
https://www.bloomberg.com/news/articles/2022-06-15/ford-says-mustang-mach-e-profit-wiped-out-by-commodity-costs ....
- Ford’s traditional vehicles are still paying for EV expansion
- CFO says carmaker is seeing a rise in auto loan defaults
“plug-in models are being rendered unprofitable by rising raw material costs” lets see: the EV nerds start doing cartwheels over new battery technology - the world finds out that the materials being used are being mined by child slaves in the Congo - Tesla, and everyone else, reverts to the old technology - the grid cannot handle the wet dream of government charging stations dotting the land, so CornPop’s $5,000,000,000 vanishes into someone’s pocket, with 10% going back to the Big Guy.
Are they legit cars? I guess. Do the buyers deserve $8500 of taxpayer money to buy one? Not a F**&ing chance.
Every bit of this is a scam to line the pockets of Congressional members that are heavily invested in them and their corporate puppet masters. Because, this industry and these companies will get a bail out, at some point.
Suckers! Don’t you just love your fellow Americans who vote theses losers into office?
That’s not a Mustang. Period.