GM to take a $1.6B hit as tax incentives for EVs are slashed

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6 thoughts on “GM to take a $1.6B hit as tax incentives for EVs are slashed

    1. Social experiments like letting fossil fuels companies dumping the costs of pollution on the general public so they can make lots of money?

      Or capitalism like pulling our pension funds from companies who look at the math on fossil fuels, see that they don’t add up, and put their money elsewhere … while we put our money into other companies that get lower returns?

  1. Unfortunately the EV movement was forced on us, the manufacturers and the economy to meet the typical 2-4 year agendas of the elected folks so they can get reelected. These things need time, research and investments to come to fruition, and never work when arbitrarily forced into a politicians timeframe. The railroads, buses, automobiles, etc., were developed in the free markets to beat the other guys to the financial payoff, not to meet some government mandates and ideological schedules. It will all happen, just at the free market pace.

    1. LOL the free market pace was a loser. We lost the global market to China.

      Thanks, Republicans! Always “winning” with free market ideas as usual! Hey, how’s that “free market” approach working out in Argentina?

      It’s the same BS with you Republicans every time. You screw up the economy and blame it on “not enough capitalism.” Democrats come fix it, and you screw it up again.

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