Heads should roll over the electric car fiasco

[Captain Caveman]

https://archive.is/Eei76

Profits at the German auto giant Mercedes plunged on Friday as sales of its slick new range of electric vehicles (EVs) went into freefall. Porsche abandoned its sales targets for battery-powered cars amid waning demand from customers. Ford is losing nearly $50,000 (£39,000) on every EV it sells, while Tesla’s profits dropped 45pc. Meanwhile, battery manufacturers such as Germany’s Varta are getting wiped out.
Over the last few days, it has become clear that the EV industry is on the brink of collapse. Hundreds of billions of euros, dollars and pounds have been pumped into this industry by political leaders and the subsidy junkies that surround them – and it is surely time they were held to account for the vast quantities of taxpayer cash that has been wasted.

Well, as predicted, the EV dream is collapsing big style. So much so, resentment towards policymakers is ramping up.

 

[Kilroy2]

Automotive industry has a long list of cars that did not live up to the hype for various reasons

for example the Volkswagen beetle had ended production production in 2019

They even made a movie about that car.

General pubic is like that, they jump on something but eventually grow tired of it or a new "Must Have" hits the market.

Still with most the electric car is just one of their divisions.

Electric cars may be one of them. Still if the price goes down, I would buy one as long as its a hybrid.

The problem is everyone tries to jump on that boat and it becomes to crowded.

Tesla sales over the years has been steady and increasing. Still strong so as one of the companies that make a total commitment, we will have to wait and see where it goes.

Tesla deliveries by quarter 2024 | Statista

Tesla quarterly deliveries worldwide broke records in 2022 and 2023. This came after Tesla deliveries increased to over 300,000 in the fourth quarter of 2021.

www.statista.com

 

[okfine]

Automotive industry has a long list of cars that did not live up to the hype for various reasons

for example the Volkswagen beetle had ended production production in 2019

They even made a movie about that car.

General pubic is like that, they jump on something but eventually grow tired of it or a new "Must Have" hits the market.

Still with most the electric car is just one of their divisions.

Electric cars may be one of them. Still if the price goes down, I would buy one as long as its a hybrid.

The problem is everyone tries to jump on that boat and it becomes to crowded.

Tesla sales over the years has been steady and increasing. Still strong so as one of the companies that make a total commitment, we will have to wait and see where it goes.

Tesla deliveries by quarter 2024 | Statista

Tesla quarterly deliveries worldwide broke records in 2022 and 2023. This came after Tesla deliveries increased to over 300,000 in the fourth quarter of 2021.

www.statista.com

The Bug set sales records in the US and it's one of the most recognized vehicles ever made.

 

[Crepitus]

https://archive.is/Eei76

Profits at the German auto giant Mercedes plunged on Friday as sales of its slick new range of electric vehicles (EVs) went into freefall. Porsche abandoned its sales targets for battery-powered cars amid waning demand from customers. Ford is losing nearly $50,000 (£39,000) on every EV it sells, while Tesla’s profits dropped 45pc. Meanwhile, battery manufacturers such as Germany’s Varta are getting wiped out.
Over the last few days, it has become clear that the EV industry is on the brink of collapse. Hundreds of billions of euros, dollars and pounds have been pumped into this industry by political leaders and the subsidy junkies that surround them – and it is surely time they were held to account for the vast quantities of taxpayer cash that has been wasted.

Well, as predicted, the EV dream is collapsing big style. So much so, resentment towards policymakers is ramping up.

Subsidies are ending. The market will stabilize soon.

 

[ding]

Subsidies are ending. The market will stabilize soon.

You can't push a rope up a hill that's what governments trying to make, set or regulate markets is... pushing a rope up a hill.

 

[EMH]

There is no reason to subsidize EVs. EVs are more harmful to the environment than gas powered cars. There is no reason to have EVs if they need to be subsidized.

Co2 does nothing.

Sincerely,

highly correlated satellite and balloon data

 

[Captain Caveman]

Subsidies are ending. The market will stabilize soon.

Sales of diesel cars are increasing -

MSN

www.msn.com

Prediction is, diesel sales will surpass EV sales in the coming months. Vauxhall may shut it's UK factories.

The EV dream is starting to go 'base over apex' (commonly known as arse over tit).

 

[Crepitus]

Sales of diesel cars are increasing -

Hybrids too. like I said, the market will stabilize.

 

[ding]

Hybrids too. like I said, the market will stabilize.

Hybrids are great. Do you drive one?

 

[Crepitus]

Hybrids are great. Do you drive one?

Nope.

 

[ding]

Nope.

Exactly. Virtue signalling without all the muss and fuss of having to have actions match words.

 

[Crepitus]

Exactly. Virtue signalling without all the muss and fuss of having to have actions match words.

I'm not in the marker for a car at the moment.

<shrug>

 

[ding]

I'm not in the marker for a car at the moment.

<shrug>

Weak Tea.

Money talks, BS walks.

 

[Crepitus]

Weak Tea.

Money talks, BS walks.

That's nice, kid.

 

[ding]

That's nice, kid.

You can afford to buy a new car, right? You have bragged about your wealth, right? Was it a porsche? So yeah, right kid. You are proof positive that your type doesn't believe what they actually say. So run the fuck along, sonny.

 

[Crepitus]

You can afford to buy a new car, right? You have bragged about your wealth, right? Was it a porsche? So yeah, right kid. You are proof positive that your type doesn't believe what they actually say. So run the fuck along, sonny.

Yes, a Porsche. I have looked at the Taycan but the infrastructure to support it isn't here in Kansas yet. Then there's the fact that I rarely if ever buy a brand new car. Slightly used is the way to go. Let somebody else take the first big depreciation hit.



Besisdes that the more folks are driving electric/hybrid, the more likely us hobbyists with older cars will be able to continue our hobbies.

 

[ding]

Yes, a Porsche. I have looked at the Taycan but the infrastructure to support it isn't here in Kansas yet. Then there's the fact that I rarely if ever buy a brand new car. Slightly used is the way to go. Let somebody else take the first big depreciation hit.



Besisdes that the more folks are driving electric/hybrid, the more likely us hobbyists with older cars will be able to continue our hobbies.

I think you are missing the point.

 

[Crepitus]

I think you are missing the point.

Pretty sure that's not me.

 

[ding]

Pretty sure that's not me.

I think what you do says more about what you believe than what you say.

 

[Crepitus]

I think what you do says more about what you believe than what you say.

So I should go buy something I don't need or want to support it?

If you practice what you preach you must be broke as fuck.