IN KEY BATTLEGROUND STATES
Michigan, Pennsylvania, Georgia, Ohio, Illinois, Indiana, Maryland and Virginia.
Thanks, Jean!
It's just the government picking winners and losers by throwing tax payer money at, in this case a technology based on fraudulent promises and lies about a fake climate crisis from a beneficial gas thats greening up the planet and trillions being spent that will do almost ZERO to impact it.
This is a short term shot in the arm for this industry, while incurring longer term damage to the economy, while temporarily saving an industry that can't survive on its own in the free market, so it needs constant propping up by the corrupt government.
ANOTHER SPECTACULAR EV ROAD TRIP
39 responses |
Started by 12345 - Jan. 5, 2024, 2:12 p.m.
We can see how government intervention impacts and industry like this.
This would be wonderful.............if what the government was supporting something that has a bright future. Propping up an Albatross with government funds is not the best long term economic plan for a prosperous future.
We can see how this has strongly impacted Tesla.
https://tradingeconomics.com/tsla:us
1. 1 year
2. 10 year
This may seem great and there is some limited value for electric cars used in big cities/for local, short distance driving. But the problem is that it's sinking large sums of money into something with fairy tale promises that defy the laws of physics, economics and practicality. That being the case, consumers get ripped off buying a product that can't match the expectations they based their purchase on.
Compare this to the general stock market(bubble):
https://tradingeconomics.com/united-states/stock-market
Let's compare this to some other industries.
After looking at these charts for 4 different sources in the energy sector, can you tell which one the market considers to have the greatest value and promise for the future?
Wind(propped up by government):
https://tradingeconomics.com/commodity/wind
Solar(propped up by government):
https://tradingeconomics.com/commodity/solar
Ethanol(propped up by government):
https://tradingeconomics.com/commodity/ethanol
Nuclear:
https://tradingeconomics.com/commodity/nuclear
NUCLEAR ENERGY!!!!
It's the no brainer, CLEAN energy/electricity generating choice for our future!
Nuclear Power-Hallelujah-Amen!
Started by metmike - Dec. 3, 2023, 5:13 a.m.
Tesla continues with the longer term symmetrical wedge featuring lower highs and higher lows with the downside strongly favored because the industry is losing so much money.
The main reason companies like this can get by is because of government intervention.
Tesla has been one of the biggest UNDER performing stock the last few years because so many consumers are disappointed with electric vehicles……compared to the green fairy tale promises.