AP Photo/Rich Pedroncelli Electric vehicles are becoming an unprofitable boondoggle for multiple motor companies. It turns out that woke virtue signaling is not the wisest business strategy.
There are, no doubt, multiple factors that feed into the drop in electric vehicle (EV) sales for companies including Ford, Tesla, and Mercedes-Benz. I would, however, mention one: EVs are too expensive and too unreliable for most Americans to purchase. They are a pricey and impractical choice. I wouldn’t be at all surprised if EV sales continue to drop for companies with EVs in America and Europe for the foreseeable future.
The reality is, however, that vehicle batteries are so toxic to manufacture and dispose of that they are not really a “green” option. Also, EV batteries often involve abusive child labor for mining the necessary materials. Moreover, increased numbers of EVs put an already strained electric grid at serious risk . EVs are […]
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It’s becoming increasingly clear that fiat currencies across the globe, including the U.S. Dollar, are under attack. Paper money is losing its value, translating into insane inflation and less value in our life’s savings.
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