The legacy manufacturers cannot sell their cars and trucks.Truck prices were $60k to $90k MSRP. WTF.
For instance Dodge Rams are piling up.
Said manufacturers also were reluctant to build affordable cars. Their desire is to build trucks which have hefty profit margins. However, the economics of the consumer cannot support the prices.
Elon is correct. Prices have to fall
In the meantime Trump and the Biden administration are making big noise about Chinese over capacity and in view of Nafta do not want to see Chinese production in Mexico.
Last edited by Dondilion; 04-17-2024 at 03:24 PM.
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