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Cake day: August 8th, 2023

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  • I don’t understand the comments attacking Toyota when no auto manufacturer with the exception of Tesla can even get close to the goal. There are approximately 1.6 Million new cars sold in California every year so %35 percent of that is 560,00. Then the next year in 2027 the goal is 43%, and the year after that it’s 51% until by 2035, just 11 years from now, ALL new vehicles sold in California are required to be ZEV.

    To give you some scope Tesla makes about 1.6 Million EVs a year globally and the “Big Three” made a piddling 200,000 or so COMBINED in 2023.

    So the 2025 goal would require nearly half of Tesla’s entire global output to be sold exclusively in California and by 2027 it would require that PLUS the combined EV output of Ford, GM, and Chrysler. There literally wouldn’t be a single EV for sale anywhere else in the country.

    We can scream and fling poo about the domestic auto makers dropping the ball but that doesn’t change the impossible nature of California’s regulations. I don’t see any way at all to meet the 2025 goal and nothing will have changed by 2026.

    All this law is going to do is force buyers to out of state dealerships. That’s it.









  • Don’t they have many trillions in reserves?

    Right now China has about 3.2 trillion in ForEx of all kinds and currencies which means that this bailout represents nearly half of the total.

    ForEx is an extremely complicated subject, way too much for a single post, but it is essentially the lubricant for trade. If you don’t have enough of it in the right currency on an hourly (or less) basis to support your imports and exports then the machine will seize up.

    So what China is doing here is risky as hell and if it doesn’t work they will soon have the same kind of financial problems that Iran does and that is stupendously bad for an export based economy.




  • Buelldozer@lemmy.todaytoTechnology@lemmy.world*Permanently Deleted*
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    11 days ago

    This type of nonsense is happening everywhere online. Real people who are organically participating will almost always engage on a wide variety of topics and issues; any social media account on any network that spends the majority of it’s time focused on a single politicized issue or viewpoint can be assumed to be a sock puppet or a shill.

    In short any account that hyper-focus on a single issue or viewpoint for more than a day or two is likely not organic and if it is organic then it’s likely toxic; either way you should avoid them.