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@misk@sopuli.xyz to Technology@lemmy.worldEnglish • 1 year ago

Tesla scraps its plan for a $25,000 Model 2 EV

arstechnica.com

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Tesla scraps its plan for a $25,000 Model 2 EV

arstechnica.com

@misk@sopuli.xyz to Technology@lemmy.worldEnglish • 1 year ago
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Musk says that "Reuters is lying (again)" over reports that the Model 2 is dead.
  • @Buffalox@lemmy.world
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    4•1 year ago

    All those that claim this market belongs to China, Tesla already has production in China, and can use all the same benefits Chinese companies can. Including government subsidies.

    • @whereisk@lemmy.world
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      9•1 year ago

      So long as they keep the Chinese government happy. That’s a big lever China has on Musk.

      • @Corkyskog@sh.itjust.works
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        1•1 year ago

        China is probably just happy that Musk is Musk. Dude sows enough discord among the US populace without them even asking. Gift horse and all…

    • @Benaaasaaas@lemmy.world
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      9•1 year ago

      Outside companies almost never get the same benefits as local ones, that’s true even outside of china. Another thing is that china has national interests in chinese carmakers.

    • @Num10ck@lemmy.world
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      8•1 year ago

      Tesla needs to make a certain substantial profit margin, same problem as Apple’s car project. BYD will sell at a loss for years to monopolize like Amazon/Walmart etc.

    • @hark@lemmy.world
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      4•1 year ago

      BYD has a level of vertical integration far beyond anyone else in the industry.

    • @interdimensionalmeme@lemmy.ml
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      4•1 year ago

      Chinese companies aren’t buying detestable social media platforms and speedrunning them into the ground.

      • @guacupado@lemmy.world
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        3•1 year ago

        No one’s talking about that.

      • @BallsandBayonets@lemmy.world
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        1•1 year ago

        No, they just create them and make them wildly successful so they have a backdoor in everyone’s pocket.

        • @interdimensionalmeme@lemmy.ml
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          1•1 year ago

          Oh so a Tesla

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