r/SipsTea • • 17d ago

SMH Thoughts on this?

Post image
74k Upvotes

5.8k comments sorted by

View all comments

4.5k

u/burge4150 17d ago edited 17d ago

I think there's room in the market for a back to basics car company that takes out all this bs, goes back to crank windows and all that crap and sells new vehicles for an affordable cost with a good warranty.

It would probably crush today.

Edit: I got like 400 responses saying "slate" ok I get it you can stop

38

u/ring2ding 17d ago

Chinese EV's are insanely cheap. Our Government won't let them sell here though.

42

u/Katana-Kat 17d ago

Something something free market something something competition something something

28

u/SvartrKukkSceand 17d ago

there's at least a glimmer of "its not a free market" when all those companies are only so cheap because they are MASSIVELY subsidized by the Chinese Government.

I dont agree with banning them, but the argument is there and legit at least a little.

22

u/OstapBenderBey 17d ago

Not like American car companies havent receieved massive government subsidies over the years either. GM alone got 50 billion in 2008

5

u/bremsspuren 17d ago

The Chinese aren't trying to save a failing industry, they're trying to drive everyone else out of it by selling below cost.

China's dominance in solar, batteries, EVs is largely a result of their subsidies making them unprofitable industries to be in for anyone else.

3

u/Cortex3 17d ago

That's exactly what almost every tech company has done. Uber, for example, used investor's cash to subsidize ride costs, then once they had a captured market cranked rates. AI companies are trying to do the same.

China is just using the same tactics our businesses have been using for years. The only difference is it's public investment instead of private. And frankly, I would rather our public dollars went to investing in/subsidizing solar, EVs, and the like than whatever it's used for rn

2

u/bremsspuren 16d ago

The only difference is it's public investment instead of private.

It's illegal when the government does it. Violates international trade agreements.

1

u/Cory123125 17d ago

he only difference is it's public investment instead of private.

Why the fuck do people keep saying this like the american government doesnt do the same thing for american companies...

It's bizarre these weird double standards people have.

1

u/Cortex3 16d ago

bremsspuren: It's illegal when the government does it. Violates international trade agreements.

Cory123125: Why the fuck do people keep saying this like the american government doesnt do the same thing for american companies...

Hmm....

1

u/Cory123125 16d ago

People claim all sorts of things that don't match reality.

What is your claim here exactly? be specific

1

u/Cory123125 17d ago

Alternatively, they actually fucking invested, rather than the parasitic mentality of fighting the end of fossil fuel with dying breaths.

China has more reason than the USA, because they want to ween off dependence of saudi oil, but the result is the same.

1

u/eric_ts 17d ago

More importantly the Chinese auto companies innovate. BYD would still make money without government subsidies. BYD makes a profit off of their vehicles, but they also make a lot of money from licensing their patents. Where China really wins is investing in their education system and supporting industry through infrastructure. Watching videos of Chinese trade shows is very eye opening.

1

u/[deleted] 17d ago

[removed] — view removed comment

1

u/AutoModerator 17d ago

Accounts must be at least 5 days old with >20 karma to comment.

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.

1

u/thewildcloud 17d ago

Or Americans farmers who receive billions from federal government

1

u/AmericusBarbaricuss 17d ago

They paid it back with interest.

1

u/SvartrKukkSceand 17d ago

Thats still not even in the ballpark of 10% of what some of these Chinese companies have been given. We're talking over a trillion. Orders of magnitude different.

1

u/[deleted] 17d ago

[removed] — view removed comment

1

u/AmericusBarbaricuss 17d ago

Exactly right.

16

u/robmanjr 17d ago

We subsidize all kinds of stupid shit like teslas or anything else that super genius wants, but not regular cars.

17

u/joka2696 17d ago

We bailed out the big three long before the "super genius".

8

u/Dracomortua 17d ago

Yes, multiple times. In the 80s and then again about 30 years later.

Not to mention gas subsidies as well as bankrupting most forms of rail. Off the top of my head? I am sure that they got more but i am not an American.

2

u/joka2696 17d ago

The only reason railroads exist in the Northeast U.S. is because of government subsidies.

4

u/nalaloveslumpy 17d ago

The Chinese gov't part is simply an excuse. The real reason they're banned is they'll crush the US market like Toyota and Nissan did in the 80s and the 90s. Except this time, the US market won't survive.

0

u/Sayakai 16d ago

At some point you'll have to realize that the two are connected as a deliberate plan. China wants to do to the US car market what Walmart did to grocery stores, and I'd like to you imagine what it'll do to the car industry and its employees left in the US, and what the prices will look like once they've destroyed the competition.

1

u/[deleted] 17d ago edited 17d ago

[removed] — view removed comment

1

u/AutoModerator 17d ago

Accounts must be at least 5 days old with >20 karma to comment.

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.

1

u/Cory123125 17d ago

when all those companies are only so cheap because they are MASSIVELY subsidized by the Chinese Government.

If you go with your jingoistic propaganda, that requires you to ignore the barrels of free money american companies get the exact same way; not through direct payments (though sometimes they even do that), but through subsidies, tax loopholes, paying for infrastructure private companies need and more.

The USA does the same fucking thing, but is worse at it.

1

u/AmericusBarbaricuss 17d ago

The US subsidies are not gauged to crush international competition in their own markets, in contrast to the Chinese strategy.

1

u/Cory123125 17d ago

The US subsidies are not gauged to crush international competition in their own markets, in contrast to the Chinese strategy.

In what fucking universe did you have this jingoistic nonsense shoved down your throat.

That is the most comically incorrect thing I've ever fucking read.

Like......... even just looking at the USA's *checks notes* trade war with it's 2 closest trading partners and neighbours, they arm twisted to get a deal that killed the possibility of their auto industries, and is aiming to arm twist its way into out moneying their dairy, and other industries out of business/forcing them to be bought up.

The fucking gall of anyone to be so fucking blind they claimed the US of all fucking nation played it fair when it came to trade is insane.

They must have that beefed up hyper steroid propaganda where you're at.

You probably think the US has also just always been friendly and forced to be the bad guys with basically all of South America, Cuba, most of the Middle East, the DRC, and more.

I mean, fuck, look at the US with regards to chip production. This might be the most wrong comment I have ever fucking read.

I mean shoot AmericusBarbaricuss is absolutely an on point name.

1

u/AmericusBarbaricuss 15d ago

When i mention US trade policy, I’m talking about actual legislative policy and Congressionally appropriated subsidies, since the US Constitution specifies that Congress alone holds the power of the purse. You seem to be railing against a certain rogue executive who thinks he’s entitled to initiate a trade war with the entire world, shit on our closest allies and neighbors, impose illegal tariffs and spend money that Congress didn’t appropriate or withhold funds that it did appropriate in accordance with his whims. That’s not what I’m contemplating nor discussing.

1

u/Cory123125 15d ago

You seem to be railing against a certain rogue executive who thinks he’s entitled to initiate a trade war with the entire world

No. The US has been doing this for long before trump came along.

You're just very unaware of how much of your money goes into the pockets of businesses.

Heck, have you seen how much money corn gets? Or beef? Or dairy?

Also, this idea that trump is some new crazy phenomenon is wild to me.

Like, yes, he does things faster, by doing so illegally, but much of what he does is on brand for the USA to the rest of the world.

1

u/GrinningCynic 15d ago

Wrong. Your statements are sweeping and conclusory, based more on your ignorance and your obvious rage than on facts. Stfu.

1

u/Icehau5 16d ago

Most countries subsidize their automotive industry's, this is not something specific to China

1

u/dalyons 16d ago

go look up how much Chinese cars are subsidized now, in late 2026. Ill wait.

The answer is barely at all.

1

u/[deleted] 17d ago

[removed] — view removed comment

1

u/AutoModerator 17d ago

Accounts must be at least 5 days old with >20 karma to comment.

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.