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Auto Dealerships Turning Into Electric Vehicle Boneyards

by Olivia Murray
December 28, 2023, 8:49 AM
in News and Opinion
Reading Time: 2 mins read
A A
8

electric car and chargerWhen you have seasoned criminals running the legislative process, it should come as no surprise that you get a government saturated with theft, money laundering, and corruption.

Yesterday, The Wall Street Journal published a new report, revealing this:

Electric vehicle sales growth hit a speed bump in the U.S. this year, and the impact is being felt throughout the industry.

The authors of the article suggest that the “relatively high prices” of EVs might have something to do with the people’s “hesitancy” to make the switch—because the average $54k for an EV (which is $5k more than the average gas vehicle) is only a “relatively high” cost for a car. [emphasis, links added]

They also noted that because of the “speed bump” in sales, the inventory isn’t moving. Shocker. Under Bidenomics, few have the money to dump into a vehicle that can’t be trusted.

From the report:

Electric vehicle sales began to stall in the latter half of this year, a move that car executives attributed to the relatively high prices of electric models.

As a result, electric cars and trucks are piling up on dealer lots, causing auto companies to reassess their investment plans.

Now mind you, this is despite all the money that companies themselves have poured into EV development, on top of the billions we have been forced to dump into the scheme via government extortion. This is lunacy.

[The taxpayer subsidizes the entire industry and the EV owners themselves]—a month or so ago, I wrote an essay on a new report that found that taxpayers cover more than 93% of the cost to “fuel” battery-powered cars.

We’ve been invoiced for tax breaks and new charging stations (that still haven’t even been built after years), and our infrastructure crumbles faster thanks to the weight of EVs on the road and all those fires they cause.

Yeah, all our insurance rates go up to compensate for the mega-liability.

Remember all the outrage over Solyndra? To think, that was only a paltry ~$500 million loss to the taxpayer—this is billions… and counting.

Read more at American Thinker

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Comments 8

  1. SPURWING PLOVER says:
    2 years ago

    Time to put all of Washington D.C.(District of Crooks) and the UN(Useless Nations)on Wind and Solar Power only time to make them pay the same price as they would make us do

    Reply
  2. David Lewis says:
    2 years ago

    This is slightly off topic but the best place to post the comment. A friend had a lithium battery pack for an electric drill catch on fire. The sprinkler system put the fire out but not until his entire shop was gutted. This is how he earned his living so he will be without income until the insurance rebuilds it.

    The lesson here is that such batteries are inherently dangerous as far as starting fires. This is one of many reasons not to own and electric vehicle with the current battery technology.

    Reply
    • Ralph says:
      2 years ago

      http://Www.tesla-fire.com

      Reply
    • Steve Bunten says:
      2 years ago

      The battery system is supposed to switch off when fully charged to keep the batteries from overheating and catch fire. But it also means that when the device is charged should be taken off the charger.

      Reply
  3. MCPR says:
    2 years ago

    Stupid is as stupid does. We keep electing these same politicians.

    Reply
    • Graham McDonald says:
      2 years ago

      “We keep electing…”

      Or maybe the ‘vote-counters’ using Dominion machines?

      Reply
      • Ralph says:
        2 years ago

        Vote “CHANGING” Dominion voting machines

        Reply
        • Graham McDonald says:
          2 years ago

          Joseph Stalin 1879-1953 Soviet dictator

          “I consider it completely unimportant who in the party will vote, or how; but what is extraordinarily important is this—who will count the votes, and how.”

          said in 1923; Boris Bazhanov The Memoirs of Stalin’s Former Secretary (2017 eISBN: 9780191843730)

          Of course there’s:

          John F. Kennedy 1917-63 American Democratic statesman, 35th President 1961-3 “Don’t buy a single vote more than necessary. I’ll be damned if I’m going to pay for a landslide.”

          Reply

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