alt Hacker NewsSo now that the tax credits are gone we should expect to see the sticker prices on new EVs to drop right? Right? Any day now?
Replies
loeg • yesterday at 11:57 PM
Rebelgecko • yesterday at 10:33 PM
Idk why you make it sound like a hypothetical lol, the tax cuts already expired and price cuts already happened. HMC dropped their prices by $7k+ right after the tax credit expired
neogodless • yesterday at 7:21 PM
Hyundai and Kia did exactly that...
kjshsh123 • yesterday at 9:44 PM
Tax incidence is pretty much a solved concept.
recursive • yesterday at 7:51 PM
This happened a few years ago, at least accounting for the dealer markups.
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Yes. Ask Tesla owners who bought at certain times in the past just how much the loss of the tax credit can hurt resale value when the manufacturer adjusts the price to account for it.