We used to have lemon laws for things like this.
My theory for this year has been that every pure play EV maker in the US would either go into bankruptcy or be teetering on the brink by the end of the year. At the same time, diversified automakers like Ford, GM, and Stellantis would continue delaying their EV goals and scaling back on EV-related investments, a move that began during the 4th quarter of 2023 as faltering demand for the cars set in in a big way.
My assumption has been that Tesla would be fairly well insulated from the general carnage in the EV space in the US, mainly because of its 15-year head start over the other pure plays and big edge in charging infrastructure and supply chain management. After Tuesday, though, that part of my scenario may be due for a bit of a reconsideration.
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