I don't disagree with those statements but I'd wait to see what they put out from the Mexican factory considering the labor cost advantage and manufacturing experience they've gained. Beyond that I agree that Korean and Chinese EVs seem more put together and well see if we get more when the us subsidies end.
Curator
joined 1 year ago
Tesla's value plunged nearly $200 billion since mid-July – and the EV maker faces a bumpy road ahead
Here's to hoping the Chinese evs come to the usa when the tax incentives end for us car companies. Otherwise I'm leaning to hyundai if that doesn't mature.
A lot of the foreign currency was brought back under the trump years when companies were given a one time reduction in taxes to repatriot their cash. From 35% to 15% tax rate.
https://www.latimes.com/business/story/2019-12-19/companies-repatriate-1-trillion-since-tax-overhaul