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Dead Batteries: Weak EV Earnings Reports Send Rivian and Lucid Shares Tumbling
Breitbart ^ | 02/23/2024 | Lucas Nolan

Posted on 02/23/2024 9:19:25 AM PST by ChicagoConservative27

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To: Jim W N

Eventually, the government will run out of customers for EVs.
Many of those customers have been fooled by the climate change hoax.
Some of those customers are foolishly eager to get the latest in technology.
Too many customers will do anything the government says they should.
I don’t fall into any of the above groups.
But, I am enjoying the charging/charger circus, the pyro displays, unexpected costs associated, and Manufacturers’, “Lucid Shares Tumbling!”


21 posted on 02/23/2024 1:04:31 PM PST by BatGuano (2020 = Stolen Election. Believe it! Molon Labe.)
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To: Jim W N

Search results for Ford: $900 million in 2021 and $2.1 billion in 2022 and $4.7 billion in 2023 and projects the losses will grow to as much as $5.5 billion this year. (probably higher)

That is $13.2 billion in losses for the electric vehicles.... just for FORD in 4 years!!

GM and others are losing billions as well. Telsa makes billions selling made up carbon credits. Elon Musk makes money with the electric car scam and now can afford his rockets and Starlink business which makes steady billions. He uses one scam company to raise money for legitimate companies.

EV scam costing Americans 10’s of thousands more for gas cars and trucks and higher gas and diesel prices to subsidize the electric scam.
______________

Ford is losing money on electric vehicles, but saving money on emissions fines
https://www.marketplace.org/2024/02/07/ford-is-losing-money-on-electric-vehicles-but-saving-money-on-emissions-fines/
For every electric F-150 it sells, it can sell up to 12 gas-powered versions and still comply with emissions regulations


22 posted on 02/23/2024 11:54:50 PM PST by minnesota_bound (Need more money to buy everything now)
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To: ChicagoConservative27

NEED MORE COW BELL,,,,


23 posted on 02/24/2024 12:37:50 AM PST by Maris Crane
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To: Maris Crane

I’m not losing any money by not buying an EV, also by not buying any of the latest ICE-powered new vehicles. At the same time availability & price of a decent used vehicle is a big problem for price-limited buyers like myself. None of these new ones...when they show up on the used lots...are going to be very acceptable choices either. They were high priced originally, so I guess that makes dealers think they are valuable as a used unit, when actually their value is very limited because of fancy electronics which now may no longer work. The price of fixing this crap & also needing body repair should be pricing some of these vehicles into the giveaway range.


24 posted on 02/24/2024 4:55:36 AM PST by oldtech
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To: Maris Crane

I’m not losing any money by not buying an EV, also by not buying any of the latest ICE-powered new vehicles. At the same time availability & price of a decent used vehicle is a big problem for price-limited buyers like myself. None of these new ones...when they show up on the used lots...are going to be very acceptable choices either. They were high priced originally, so I guess that makes dealers think they are valuable as a used unit, when actually their value is very limited because of fancy electronics which now may no longer work. The price of fixing this crap & also needing body repair should be pricing some of these vehicles into the giveaway range.


25 posted on 02/24/2024 4:55:57 AM PST by oldtech
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To: minnesota_bound

GM = Government Motors. FUGEDDABOUDDIT. Same with Ford.

Government-mandated unions and regulations killed ‘em. The market economy favors best quality for lowest price. As long as government interferes in the American auto market, America loses.

Less government, more prosperity. More government, more poverty.


26 posted on 02/24/2024 8:15:22 AM PST by Jim W N (MAGA by restoring the Gospel of the Grace of Christ (Jude 3) and our Free Constitutional Republic!)
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