Tesla – and GM – Finally Admit It, by Eric Peters

Electric cars, including Tesla’s, in the US have yet to meet the market test: can they be sold without subsidies at a price that will their makers to make a decent profit? From Eric Peters at ericpetersautos.com:

 
 
 

GM – and Tesla – just publicly admitted that they can’t sell electric cars. Or rather, they need your help – via Uncle.

To pay people $7,500 each to “buy” their electric cars.

To be paid by those who pay the taxes which will make up for the taxes not collected from the people who “buy” electric cars. This is the wealth transfer scheme styled “electric car tax credits.”

They have been around for years – and may be coming back – because electric cars have pull rather than range.

Great sums of money were expended to extract great sums of money – via the tax code, which was adjusted to give preferential treatment to the purchasers of electric cars by making electric cars seem more affordable than they are, in fact.

 

In order to create the fiction of a “market” for electric cars, where none – or very little – actually existed.

If that were not the case, then why the need to pay people to “buy” them? In every other case of such massive discounting – an industry term –  the need to apply such discounts is taken as evidence of the car being discounted being a flop.

Get rid of them by whatever means necessary – as by giving them away –  and then build no more.

The Aztek being a for-instance. Imagine being paid to buy one. Of course, the difference with EVs is that instead of GM paying you to buy an Aztek, the government is making someone else pay for your electric Aztek.

Or rather, your neighbor’s electric Aztek.

No one would abide such a thing, much less laud such a thing. How come almost no one is questioning this thing?

That question is hardly ever raised – much less answered. Probably because of the answer. Electric cars are the Azteks of our time, but worse. And unlike the Aztek, which was merely ugly – electric cars are evil. A kind of cancer that is not only metastasizing but being encouraged to metastasize.

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