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by fullshark 88 days ago
So essentially western government intervention in the economy is the only way and every company is behaving rationally by retreating until the government steps in and makes the long term math make sense for them.
4 comments

Western governments should have been intervening like China does.
Leaves a very large open question of whether China would be getting anywhere without Chinese government intervention...
We have learned from China. And?
The implementation details of government intervention in the economy is critically important for success and I don’t really think there is consensus as to how it should be done. Seems like the major tariffs on Chinese EVs are mostly about buying time, but western manufacturers see the writing on the wall and are leaving the market.

So now what?

Correct. When billions of eur involved, nothing moves without support from gov.