Electric Cars Are an Expensive Scam

David Harsanyi-Opinion : Jun 29, 2023
The Federalist

[TheFederalist.com] ...In March, Joe Biden signed an executive order to "set a target" for half of all new vehicles sold in 2030 to be zero-emission ... In today's real-world economy, though, Ford announced this week that it was firing at least 1,000 employees—many of them white-collar workers on the EV side. Ford projects it's going to lose $3 billion on electric vehicles in 2023, bringing its EV losses to $5.1 billion over two years. In 2021, Ford reportedly lost $34,000 on every EV it made. This year it was losing more than $58,000 on every EV. In a normal world, Ford would be dramatically scaling back EV production, not expanding it. Remember that next time we need to bail out Detroit... Subscribe for free to Breaking Christian News here Click Here to read. (Image: Pixabay)