Elon Musk just lost $28 billion as Tesla took a beating. Now Toyota says ‘people are waking up to reality’ that EV adoption will be an uphill battle
EVs are indeed a fad because they’re impractical and we don’t have electrical generation capacity.
Mandating EVs will destroy the economy; that’s why Biden wants EVs.
“EVs are indeed a fad”
A. fad that has produced the best selling car in the world!
Tesla predicted revenue in 2024: $118 billion
2024 profit +20% YOY
Biden is destroying the economy in various ways. Mandates are one way. Biden may say he wants EVs, but he hates Tesla, while backing unionization and supporting GM, Ford, and others.
Tesla is forward thinking, creating a charging infrastructure for EVs, and partnering with electric utilities to increase electrical supplies (worldwide). Other EV makers are backwards thinking, and are failing. Tesla will continue to be successful despite Biden.