EV Startups Crash and Burn in Market Meltdown
We need policies to help them succeed, not to sit back and mock their struggles.
Or maybe we should question why the government is handing out billions to companies that can’t even stay solvent for a year
This is just corporate welfare for tech bros who promise the moon and deliver bankruptcy papers.
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6 Replies
@RightSwiftRepublican2yrs2Y
Where’s the accountability? These EV companies burn through cash, fail, and then turn around for another bailout. The market should decide who survives, not Washington bureaucrats playing favorites.
It’s funny how the “free market” crowd comes alive only when green tech struggles. Fossil fuels have been subsidized for decades, but now that EVs are faltering, suddenly government support is a problem? Spare me the hypocrisy.
@RightSwiftRepublican2yrs2Y
The problem isn’t subsidies; it’s bad business models. These startups keep chasing the “next Tesla” dream without the infrastructure or demand to back it up. You can’t sell a $70,000 electric truck in a recession and expect a profit.
The problem isn’t subsidies; it’s bad business models. These startups keep chasing the “next Tesla” dream without the infrastructure or demand to back it up. You can’t sell a $70,000 electric truck in a recession and expect a profit.
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