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The withering dream of a cheap American electric car

(www.wsj.com)
152 points voisin | 3 comments | 17 Nov 24 23:52 UTC | HN request time: 0.603s | source
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jogjayr ◴[18 Nov 24 00:11 UTC] No.42168526[source]▶
Money quote:

“As automakers were profit maximizing during the supply chain crisis era, you are going to prioritize the bigger vehicles, the more expensive vehicles with their higher margins,” Tyson Jominy, vice president of data and analytics at J.D. Power, told me. “Now we just don’t have” these cheaper models.

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1. lenerdenator ◴[18 Nov 24 14:48 UTC] No.42172751[source]▶
Ding ding ding.

We have a winner.

There's a bunch of free riders in the form of shareholders artificially driving up the price of goods.

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2. Cumpiler69 ◴[18 Nov 24 16:06 UTC] No.42173708[source]▶
>There's a bunch of free riders in the form of shareholders artificially driving up the price of goods.

Isn't this a natural consequence of capitalism in entrenched industries?

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3. lenerdenator ◴[18 Nov 24 18:34 UTC] No.42175414[source]▶
Why yes. Yes it is.

Which is why you don't put shareholders first in line for revenues.