Fyi, there is a general EV discussion thread if folks want to share insights about where the market is headed.
Couldn’t agree more. Some folks also seem to forget the auto bailout that happened back in 2009.
Presidential Task Force on the Auto Industry - Wikipedia.
The Presidential Task Force formed and started holding meetings in February 2009. It reviewed financial and operational restructuring plans submitted by Chrysler and General Motors (GM) and made its own specific recommendations at cabinet level meetings to the President regarding the restructurings and the requests for funds from the companies.
Recommendations also included directives on improving wage and benefit structures, and developing competitive fuel efficient cars for the future. In March 2009, the Task Force recommended up to $5 billion in support for automotive industry and by late May 2009, following the recommendations of the Task Force, the U.S. government had lent approximately $25 billion in total to the companies. At that time, it was estimated that GM might require $30 billion more to emerge from bankruptcy.