2min chapter

All-In with Chamath, Jason, Sacks & Friedberg cover image

E89: GDP growth negative in Q2, $SHOP layoffs, Alzheimer's fraud, Ginkgo acquires Zymergen & more

All-In with Chamath, Jason, Sacks & Friedberg

CHAPTER

The Evie Tax Credit Is Just Giving Away Money to Evies

There's no data that indicates that this will accelerate a transition to a carbon free economy, or that it's even needed. I don't think you need to put this money out there distorts a market that's already functioning well. It is so much cheaper to drive an electric vehicle now by plugging this thing in and spending money on gas. But people already want to buy these things. They pay for themselves super fast. Everynsu er wants to save money on transportation, and you will save money by buying an electric vehicle. You don't need government money to get you to buy an electric car.

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