way2roll wrote:
Durb wrote:
Just out: Ford projects it will lose 3 billion dollars on its electrical vehicle production in 2023.
Margins on Rivian's products are at negative sixty-two percent.
It has been three years since Tesla teased their Cybertruck - no trucks yet. Word is market viability is a large concern.
Those that tow may be forced into EVs by a certain date in certain states. However, there may not be anyone manufacturing product for them to buy. Companies cannot eat losses like these and remain viable. .
Unless they're subsidized and write off their losses. Meaning you and I get to pay more for the failure than the success of this agenda. This is typical "ready, shoot, aim" policies with half baked science holding it up to garner votes at the cost of the taxpayer.
EV manufacturers eat their losses?? Nope, not them. We will, but it's for our own good, somehow, so just enjoy helping out!
Jerry
