How will the new administration impact Scout and the EV market?

[LastDayScout]

They can't just drop the price to make it sell. They have to price it where they can make a profit.

The removal of the credit makes a big difference in how attractive that price will look.

Ford is having a very hard time, losing money on the Lightning at a similar price point with the existence of the credit.

Without that credit I'm thinking volume is going to be that much more difficult to achieve.

Well, we shall see what happens. I do know that South Carolina's governor is a EV proponent, business proponent, and an ally of the incoming administration. He certainly has a significant interest in Scout's success especially with how much of the investment is from South Carolina taxpayers.

 

[Mousehunter]

Personally I think it will hurt the low end market the most. The credit makes a huge difference on budget EV's. Less of a difference on mid-range as it rapidly closes in on only 10% of the vehicle costs. It would not effect the higher end market much, as the credit is limited to vehicles under $80k.

Secondary effects are harder to predict. It is very possible that the reduction of sales of budget EV's will free up resources to make more mid-level batteries. Likewise, as the largest market (budget EV's) is hurt, public opinion on spending taxpayer money on support of the charging networks might diminish. But honestly, I don't think Telsa has been getting much of that support anyway - guess not enough kickback to the politicians from Tesla.