Comment Pessimistic View (Score 1) 352
I've become a pessimist as I enter my 50s.
Everyone not Tesla is worried that Trump will get elected, and to stay in his good graces they're going to 'back off' because they aren't sure if the subsidies they were relying on will continue. They let their dealer networks rip everyone off, making their vehicles un-affordable, and then when interest rates skyrocketed now they can't sell their over priced under delivering pieces of crap. it's one thing to buy a car at 2x its value when interest rates is square root of a small number but when you now get 7-8% instead of 1-2%.dealers fucking over people doesn't work and the sales completely stall because the things were expensive before they were marked up.
Meanwhile, Tesla will continue to fuck up the market and sell more. I just wish Elon wasn't such an asshole.
My hope is that Polestar, and the Chinese brands I'm not familiar with and others still invested will pick up some of the slack. In a fair world GM, and others like Toyota will become a history lesson like buggy whip manufacturers.