[Uncle Miltie]

Dan Neil of the WSJ has been singing the praises of electric vehicles for at least 5 years now.

I lay this additional $15,000,000,000 loss directly at his feet.

In addition to the tens of billions of other writedowns the auto industry has taken on this boondoggle.

[Uncle Miltie]

EV-related write-down / impairment loss
Stellantis ~$26.5 billion
Ford Motor ~$19.5 billion
General Motors (GM) ~$7.6 billion
Additional widely reported EV-business losses (not always classified strictly as write-downs/impairments):
Auto company EV business losses
Ford Model e division ~$4.8 billion operating loss in 2025
GM EV restructuring/impairment charges ~$6.0 billion announced separately in 2026

[clintonh8r]

I read his column mostly for laughs.

[Bernard]

Sadly, all of those tens of billions of other writedowns means decreased income tax revenues to both the federal government and various states. Not to mention the human cost of lost jobs at the carmaker plants, plus the loss of jobs at businesses that would support the lifestyles of the auto workers.

It's kind of like Spirit Airlines with a larger dollar impact.

[Steven Tyler]

The car manufacturers pass the cost to the consumer.
That’s why car prices are so high

[CodeToad]

Lay the blame at Elon Musk’s feet. He invested in Tesla then lobbied to get EV mandates.