this post was submitted on 16 Jul 2026
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Electric Vehicles
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Replace Hyundai with any electric company name that benefited from the rebates.
Yes the companies and dealers benefits from the rebates. I'm not arguing that.
The customer did not benefit from the rebates is my argument.
The customer benefits from having access to a wide array of electric cars now due to those subsidies.
The majority of EVs are made outside of the USA, and didn't benefit from the subsidies. The subsidies did biting for EV production for r&d for a majority of EV manufacturers.
It did help tesla make record profits though.