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> Total losses from electric vehicles are expected to hit $16 billion. <

Stupid should hurt.

The real shame is that the politicians and the greenies who pushed this nonsense will just walk away. Then they’ll regroup, and try again.

The stupidity also is that most of the electricity generated to power these EVs comes from burning Natural gas, Coal, nuclear, hyrdo, burning trash, burning wood fiber waste, solar panels and LAST wind turbines.

Now this differs regionally. My buddy who has a Tesla Model S Plaid in Idaho Falls, ID gets 90% of their electricity from the dams on the Snake River. So, their power really is green(except for the construction of the dams).

There are people on FR that get most of the electricity from solar panels. Then they charge their own EV with that power.
They say the power is FREE, BUT how much did it cost to install those panels? What is the ROI ? What IF they had taken that same money and invested in NVIDIA, or the NASDAQ index or S&P500 index fund?

Then there are people here in New England. They drive an EV. They may even charge at home. The electricity comes primarily from burning Natural Gas, two nuclear power plants, hydro, burning trash and wood waste, solar and last place wind turbines. Why not just burn the METHANE where 55% of our electricity comes from?

The real shame is that the politicians and the greenies who pushed this nonsense will just walk away.

My take on this is that the politicians colluded among themselves to pass the trillion dollar subsidies, then bought stock in the affected EV companies. The stock soared.

Then the politicians learned said subsidies would stop, they sold their stock, and had a nice payday. Those pimps and whores in Kongress could not care less about the environment, America or Americans. By now, only a fool would not realize they're in office purely as a business move.