this post was submitted on 09 Jun 2026
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Electric Vehicles
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Absolutely mind-melting to hear reps from a company that salvaged the concept of GE's EV-1 and turned it into the wildly popular Prius turn around and bemoan battery powered cars.
What causes executives in the automotive industry to commit these acts of self-harm so consistently?
Their yes-men
Uh..they make cars people buy? You guys live in a fantasy world. 3 of 4 cars selling right now are ICE.
Aptera
Canoo
Nicola
Bollinger
Tesla
Are just a few examples of EV companies broke or going broke.
2 in 3 as of last quarter, and it's a number that continues to shrink year over year
And you're delusional if you think Tesla is "broke". They have a trillion dollar line of credit
business degrees