By Jo Nova
Chronicling the collapse of the Big-Government-made EV bubble
In today’s EV obituary column, Elon Musk has dropped a bombshell. Two months after Telsa chargers became the industry standard (which promised to save the other car makers) his profits fell, and he’s fired the entire EV charging team overnight. Hertz, meanwhile, has realized that dumping 20,000 electric cars in January was not enough, and it has to offload another 10,000 electric cars, which now amounts to half its EV fleet. And then comes the news that there might be a secondhand “timebomb” coming at the eight year mark when most EV battery warranties run out and cars will become “impossible to sell”.
As if that’s not enough, this week the fire and rescue experts in NSW are warning in the politest possible way, that they might have to do a “tactical disengagement” of a car accident victim, which means leaving them to die in an EV fire if the battery looks likely to explode. They say that first responders need more training, as if this can be solved with a certificate, but the dark truth is that they’re talking about training the firemen and the truck drivers […]
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