Tesla and other EV pushers are lowering prices because nobody is buying what they are selling, and they are still relying on subsidies to entice the ignorant to buy their products. Government subsidies that are needed to convince people to spend their money on a scam is never a good thing... it's a huge red flag.
Yes, demand has slacked off a bit because gas is dropping a little. Also, all the early adopters have bought their EVs and now they have to compete directly with ICE cars since subsidies have gone away.
I agree that there never should have been subsidies for any of this stuff, but there never should have been an income tax in the first place.
The fact is that EVs are competing with ICE head to head these days, and they are still selling well. And unlike ICE cars their costs are dropping, not climbing, which bodes well for their future.
In related news, I saw my second Rivian on the street yesterday.
A hideous baby-**** yellow color.
When you really want to be noticed….
That's weird... although I do think the Rivians are great looking vehicles. But no accounting for taste. Looks at all the battleship grey vehicles you see these days.