Automakers’ Costly Gamble on EVs: A Lesson in Ignoring Consumer Demand

25 Nov 2024 Leave a comment

by Jim Rose in applied price theory, economics of bureaucracy, economics of regulation, energy economics, environmental economics, global warming, politics - USA, Public Choice, transport economics Tags:

Ultimately, the market will decide the winners and losers. Automakers that prioritize consumer satisfaction over government market manipulation will thrive, while those that gambled on an uncertain future may find themselves scrambling to survive. Tesla’s trajectory proves that it’s possible to innovate without compromising, and the rest of the industry would be wise to take notes.

Automakers’ Costly Gamble on EVs: A Lesson in Ignoring Consumer Demand

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