🚨 EV COLLAPSE: Ford & GM just waved the white flag.
After years of hype, mandates, & billions in subsidies, America’s biggest automakers are slashing electric vehicles — & refocusing on gas trucks & SUVs.
There's enough demand for Tesla.
But most people don't want EVs. 🧵👇
After years of hype, mandates, & billions in subsidies, America’s biggest automakers are slashing electric vehicles — & refocusing on gas trucks & SUVs.
There's enough demand for Tesla.
But most people don't want EVs. 🧵👇
2/ Trump kept his promise.
In July, he signed the Big Beautiful Bill ending Biden’s $7,500 EV tax credit scheme.
Without the taxpayer cash bribes, EV sales are collapsing. Automakers are panicking.
In July, he signed the Big Beautiful Bill ending Biden’s $7,500 EV tax credit scheme.
Without the taxpayer cash bribes, EV sales are collapsing. Automakers are panicking.
3/ EPA Administrator Lee Zeldin is rolling back Biden’s “endangerment finding” — the legal trick used to justify over $1 TRILLION in Green New Deal regs.
Why? Because is was pure politics dressed up as "science".
Why? Because is was pure politics dressed up as "science".
https://x.com/RodDMartin/status/1950294235162280136
4/ Americans never wanted EVs.
📊 Only 8% of new vehicles sold in Q1 2025 were fully electric.
💰 On average they cost $11,700 more than gas cars.
⚡ Most buyers don’t want the hassle, the chargers, or the fire risk.
But Democrats tried to force us all to buy them.
📊 Only 8% of new vehicles sold in Q1 2025 were fully electric.
💰 On average they cost $11,700 more than gas cars.
⚡ Most buyers don’t want the hassle, the chargers, or the fire risk.
But Democrats tried to force us all to buy them.
5/ GM finally admitted reality.
🚨 Cutting EV production in Tennessee.
🚨 Spending $5B expanding gas vehicle production.
🚨 Quietly pivoting back to trucks & SUVs that actually sell.
They overcommitted to the EV cult — now they’re paying the price.
🚨 Cutting EV production in Tennessee.
🚨 Spending $5B expanding gas vehicle production.
🚨 Quietly pivoting back to trucks & SUVs that actually sell.
They overcommitted to the EV cult — now they’re paying the price.
6/ Ford is in even deeper trouble.
❌ $2.2B lost on EVs in just the first half of 2025.
❌ Pushed back major EV launches by years.
❌ Converting Canadian EV plant back to gas truck production.
Their CFO admitted Biden’s EV targets were “irrational.”
❌ $2.2B lost on EVs in just the first half of 2025.
❌ Pushed back major EV launches by years.
❌ Converting Canadian EV plant back to gas truck production.
Their CFO admitted Biden’s EV targets were “irrational.”
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