• Mirshe@lemmy.world
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    23 hours ago

    American car manufacturers are terrified of having to compete with Chinese EVs, so they’re not even going to make them at all.

    • matlag@sh.itjust.works
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      19 hours ago

      An outstanding long-term stragegy, but nowadays, even CEOs don’t give a damn about “long term”. They’ll take their tens of millions of $ compensation package and move on to another company, leaving the mess to the next one.

      Capitalism at its top efficiency.