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2/16/26

The Big Three Auto Makers Took a 50 Billion Dollar Write Down Last Week

The Big Three Auto Makers Took a 50 Billion Dollar Write Down Last Week

In Regards to that 50 Billion Dollar Write Down the Big 3 Auto Makers took last week, because no one wants them and they are unreliable in cold weather, as well asthe tracking systems on them that people also don't want.

It reminds me of a family in Florida bought their Son a used EV Sedan. They paid $11,000 for the car ~ Not bad. Shortly after buying it the battery went out. They found out the replacement battery cost $14,000. Also, the batteries can't be recycled. 

BTW, that EV Sedan weighs more than a gas powered Ford F150. Imagine the wear and tear on the roads if all cars were EVs.

#ElectricVehicles #ElectricCars #EVs #Ford #Chrisler #GM #GeneralMotors




Automakers regroup as market shifts after $50 billion EV debacle