> The precedent that comes to mind for me is semiconductor chips,” Ezell told me. From 1990 to 2020, he pointed out, China’s share of the global market increased substantially, compelling the U.S. government to pass the CHIPS Act — a 2022 package of incentives for manufacturers that allowed the industry to rebound. “We saved ourselves,” Ezell went on. “And I think something like that is the only thing that saves Detroit — Congress wakes up and realizes we’re about to lose this industry.”Why save Dinosaurs that don’t want to evolve?
At some point have one of this big companies die and funding the newer players like Rivian, Lucid, Slate, Tesla is a better move.
Big 3 has a series of poor decisions over decades. Let them pay for their decisions.
Hacker News