"Tesla Wannabe" EV Names Have Run Out Of Cash, As SPAC-Crazed Bubble Bursts

Source: https://www.zerohedge.com/markets/tesla-wannabe-ev-names-have-run-out-cash-spac-crazed-bubble-bursts
Published: Dec 20, 2023
Author: Tyler Durden
Post Date: 2023-12-20 16:28:20 by Horse
Views: 396

"...at least 18 EV and battery startups, including high-profile names like Nikola and Fisker, face the risk of depleting their cash reserves by the end of 2024"

Poster Comment:

I do not follow local news. I just heard that Ford is building a huge EV factory including battery making) just outside the city of Jackson. I explained that EVs are a bust and that Biden forced up the price of gasoline to make them more attractive. P> I heard this from our Episcopal Bishop who is female and lives in Memphis. She thinks we have good public schools. BS. These schools suck.

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#1: Esso    To: Horse (#0)

I just heard that Ford is building a huge EV factory including battery making) just outside the city of Jackson.

Ford is really scaling back their boneheaded EV plans. Nobody wants 'em.

GM Factory Zero: Shocking 3rd Alarm Fire [EV batteries]

Esso posted on 2023-12-20 17:32:52   Reply   Private Reply

#2: TommyTheMadArtist    To: Horse (#0)

More Sabotage in order to pull an ENRON. Remember ENRON? Remember that huge tech bubble that burst that produced nothing that was a huge cash cow for democrats? Where the smartest guys in the room got away with fucking over the American Tax Payer, and shortly after that little event we had what? 9-11?

People have such short memories. About every 7 years we have a fleecing that is diabolical. In 2001, we had 9-11 and ENRON. What happened in 2007 and 2008? The banking crises. What happened in 2015 and 2016? Anyone? Bailouts redux. Now what do we have in 2023, Bidenflation, Fuckery all around, a push for tyranny. All because we have a 7 year economic cycle of debt that we cannot ever seem to get rid of and it just keeps growing and growing. To one group of people who control it all.

the Banksters.

TommyTheMadArtist posted on 2023-12-20 17:43:32   Reply   Private Reply