DrMaddVibe
2 years ago

The article says Tesla should part ways with him.
And, yes I have read Atlas Shrugged twice in my life. I get it.

rfenst wrote:




It's why I said that. Musk hasn't done anything without a US taxpayer subsidy attached to it. Look, he starts businesses in industries that beguile his age and wisdom. I wish him luck, however when its ALL done with taxpayer money...time to dig deep is your own pockets Bub. Perhaps...I dunno...that's why he wants the money he wants?

Good. It was an 11th grade English teacher that put that on a required reading list. Looked up the author and read what I could find in the library about her. She intrigued me. She writes in a style because she lived it. I put her right between Huxley and Orwell. It's gonna happen, its a matter of only when.

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DrMaddVibe
2 years ago
Anyone in the room STILL not convinced the EV's are a political tool to pick winners and losers with the taxpayer funds?

White House 'Equity' Requirements Holding Back EV Charging Station Construction, Internal Docs Show



In 2021, the Biden administration pledged it would build 500,000 electric vehicle charging stations by 2030. So far, it’s built seven.

Last month, Transportation Secretary Pete Buttigieg—who administers the funds apportioned for EV charger construction in the $1.2 trillion Bipartisan Infrastructure Act—said Americans should not be surprised at the time it takes to stand up "a new category of federal investment."

"It’s more than just plunking a small device into the ground," Buttigieg said in an interview with CBS’s Face the Nation.

But internal memos from the Department of Transportation obtained by the Washington Free Beacon, as well as interviews with those who are responsible for overseeing the implementation of the electric vehicle charging station project, say the delay is in large part a result of the White House’s diversity, equity, and inclusion initiatives.

"These requirements are screwing everything up," said one senior Department of Transportation staffer who spoke on the condition of anonymity. "It’s all a mess."

President Joe Biden has reportedly expressed frustration with the pace at which his much-touted infrastructure projects are getting built. A "close ally" of the White House told CNN last December that Biden "wants this stuff now," and a White House spokesman added that the president "constantly pushes his team to ensure we are moving as quickly as possible."

But Biden may only have himself to blame.

Shortly after taking office, the president signed an executive order mandating that the beneficiaries of 40 percent of all federal climate and environmental programs should come from "underserved communities." The order also established the White House Environmental Justice Advisory Council, which monitors agencies such as the Department of Transportation to ensure the "voices, perspectives, and lived realities of communities with environmental justice concerns are heard in the White House and reflected in federal policies, investments, and decisions."

In order to qualify for a grant, applicants must "demonstrate how meaningful public involvement, inclusive of disadvantaged communities, will occur throughout a project’s life cycle." What "public involvement" means is unclear. But the Department of Transportation notes it should involve "intentional outreach to underserved communities."

That outreach, the Department of Transportation states, can take the form of "games and contests," "visual preference surveys," or "neighborhood block parties" so long as the grant recipient provides "multilingual staff or interpreters to interact with community members who use languages other than English."

"This all just slows down construction," says Jim Meigs, a senior fellow at the Manhattan Institute who focuses on federal regulation.

"These ‘public involvement’ requirements are impossible to quantify and even open builders up to lawsuits by members of the community where an electric vehicle charging station is set to be constructed."

How these equity requirements are relevant to the construction of a single electric vehicle charging station is unclear, Meigs said. But all applicants for federal funding must in many cases submit reports that can total hundreds of pages about how they will pursue "equity" every step along the way.

This leads to delays and increases costs throughout the construction process, one senior Department of Transportation official told the Free Beacon. "Highly Qualified" applications, internal memos state, must "promote local inclusive economic development and entrepreneurship such as the use of minority-owned businesses."

That can take the form of funding "support services to help train, place, and retain people in good-paying jobs or registered apprenticeships, with a focus on women, people of color, and others that are underrepresented in infrastructure jobs." A firm’s "workplace culture" should "promote the entry and retention of underrepresented populations."

"These onerous diversity, equity, and inclusion requirements handcuff professionals from making proper evaluations and prevent the government/public from funding the most deserving projects, instead funneling money towards less qualified applicants," the senior Department of Transportation official said.

Those regulations are visible throughout more than 500 federal initiatives across 19 agencies, according to the White House’s chief environmental justice officer Jalonne White-Newsome, who spoke during a White House Environmental Justice Advisory Council meeting on Wednesday. The Free Beacon accessed that meeting, which took place over Zoom and included more than 15 speakers from various federal agencies.

"Since the President took office, the number of publicly available charging ports has grown by over 90 percent, with more than 184,000 publicly-available EV charging ports operational today and 1,000 more coming online each week," a Department of Transportation spokesperson said. "There are currently projects underway in partnership with states and local grantees for 14,000 federally-funded EV charging ports across the country under the NEVI and CFI programs that will build on the 184,000 chargers operational today."

The first electric vehicle charging station funded by the bipartisan infrastructure bill opened last December in a small Ohio town, and no one used the station within the first hours of its opening. Ohio has some of the lowest electric vehicle adoption in the country, with just 0.33 percent of all vehicles in the state operating on battery power, according to Nasdaq.

But the propensity for a local population to actually use an electric vehicle charging station appears to be an afterthought for the Biden administration, Meigs said. Instead the various regulations seem to serve more as a way to pay off Democratic constituencies—in the form of minority-focused contracting and hiring—at the expense of completing any projects in a timely or cost-effective manner.

"At a certain point you have to ask, is the point of these programs to reduce emissions or is the point to spread taxpayer money around and support groups that vote for the Democratic Party?"

https://freebeacon.com/biden-administration/white-house-equity-requirements-holding-back-ev-charging-station-construction-internal-docs-show/ 


Class dismissed.
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Brewha
2 years ago

DETROIT (AP) — Just before 2 a.m. on a chilly April night in Seattle, a Chevrolet Silverado pickup stopped at an electric vehicle charging station on the edge of a shopping center parking lot.

Abrignac wrote:



Well...at least the chargers don't have catalytic converters.....
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Brewha
2 years ago

More hyperbole straight out of your backside.

EV's are NOT harmless. The process to mine and process the minerals is horrific to the entire planet. Those are facts. "Rolling Coal" is a joke next to the EV debacle. As for lies, you keep spreading them.

I KNOW who you are.

DrMaddVibe wrote:



We have all already added EVs to your list of phobias.

Let's move along...
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BuckyB93
2 years ago
I was today years old when I learned about this. The range of a Tesla can be incredible.

- Launched into space in 2018, the Tesla Roadster with a mannequin named Starman has now traveled a distance equivalent to driving all the world’s roads 80 times.
- Starman, dressed in a spacesuit, has orbited the Sun a little over 4 times, covering about 68 million miles.
- If its battery still works, Starman has listened to David Bowie’s “Space Oddity” 627,759 times and “Life on Mars?” 845,879 times.
- This cosmic journey far exceeds the car’s 36,000-mile warranty, making it an extraordinary voyage.
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DrMaddVibe
2 years ago

We have all already added EVs to your list of phobias.

Let's move along...

Brewha wrote:



"We"? Take the hamster outta yer ass! As for phobias...you don't even know me. You're just projecting there Kardashian.

Move along in your rapidly depreciating fart car.
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Brewha
2 years ago

"We"? Take the hamster outta yer ass! As for phobias...you don't even know me. You're just projecting there Kardashian.

Move along in your rapidly depreciating fart car.

DrMaddVibe wrote:



Ah, but I do know you - through your writings.

Phobias 'o plenty there...
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DrMaddVibe
2 years ago

Ah, but I do know you - through your writings.

Phobias 'o plenty there...

Brewha wrote:



No, you don't! In that Uber trendy mindset Consumerism fickle little peabrain you have you cannot even decipher articles that I post! Your comprehension percentage is less than your reading level! You argue with me because I post articles that engineers, manufacturers, govt. agencies and whatever sources I use because they point out the flaws in your purchases. The worst part is you never concede when its a proven fact you've been duped. You've shown a propensity to shovel whatever the Biden administration tells you to do like it's GOSPEL! Still wearing the double masks? Get your booster shots? The Green New Deal is an affront to anyone with a rational thinking brain. Now wonder they went balls deep on you and idiots like you.

You're just a sucker and you know it.
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HockeyDad
2 years ago
Right now is a great time to buy a used Tesla!
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DrMaddVibe
2 years ago

Right now is a great time to buy a used Tesla!

HockeyDad wrote:



Watch out for falling prices!!!!!
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HockeyDad
2 years ago
Selling a Tesla is kinda like trying to sell a five year treasury note from a couple of years ago with a 1.75% interest rate. You’re upside down!
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DrMaddVibe
2 years ago

Selling a Tesla is kinda like trying to sell a five year treasury note from a couple of years ago with a 1.75% interest rate. You’re upside down!

HockeyDad wrote:




Not Fart Car Kardashian! Look at the list he's put out...insured cheaper, never put new tires on it, electrical bill at home is the same, never has to worry about charging it, even the utterance that one could drive drunk with the hands free feature! I can't wait for him to exclaim "I just traded it in and they gave me 500K so I bought a Chicom battery car and invested the rest in pet rocks!"
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Brewha
2 years ago

No, you don't! In that Uber trendy mindset Consumerism fickle little peabrain you have you cannot even decipher articles that I post! Your comprehension percentage is less than your reading level! You argue with me because I post articles that engineers, manufacturers, govt. agencies and whatever sources I use because they point out the flaws in your purchases. The worst part is you never concede when its a proven fact you've been duped. You've shown a propensity to shovel whatever the Biden administration tells you to do like it's GOSPEL! Still wearing the double masks? Get your booster shots? The Green New Deal is an affront to anyone with a rational thinking brain. Now wonder they went balls deep on you and idiots like you.

You're just a sucker and you know it.

DrMaddVibe wrote:



Please don't be scared just because I have come to know you. In many ways it is the first step into the light - accept that people know you.

And we don't really argue. You draw conclusions from the articles that suit you and name call all who do not agree with your interpretation and inductive reasoning - such as it is. You know we could discuss these points dispassionately. But you would rather cross your eyes and defecate - demanding that people argue with the opinions of other (not your own) because you chose to post them.

And you know me: I'm not afraid of a car just because it has of different power train. I can trust my doctor and with steely eyes even take an injection - no lollypop needed.

So...I'm thinking we are kind of Yin and Yang.
And I only say that because I feel I know you so well.
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Brewha
2 years ago

Not Fart Car Kardashian! Look at the list he's put out...insured cheaper, never put new tires on it, electrical bill at home is the same, never has to worry about charging it, even the utterance that one could drive drunk with the hands free feature! I can't wait for him to exclaim "I just traded it in and they gave me 500K so I bought a Chicom battery car and invested the rest in pet rocks!"

DrMaddVibe wrote:



See - the more the light of truth and knowledge shines upon your minds eye, the more the irise closes.

Let go of your fears, my BOTL - just let go!
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Brewha
2 years ago

I was today years old when I learned about this. The range of a Tesla can be incredible.

- Launched into space in 2018, the Tesla Roadster with a mannequin named Starman has now traveled a distance equivalent to driving all the world’s roads 80 times.
- Starman, dressed in a spacesuit, has orbited the Sun a little over 4 times, covering about 68 million miles.
- If its battery still works, Starman has listened to David Bowie’s “Space Oddity” 627,759 times and “Life on Mars?” 845,879 times.
- This cosmic journey far exceeds the car’s 36,000-mile warranty, making it an extraordinary voyage.

BuckyB93 wrote:




And all on the original tires....


o:)
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DrMaddVibe
2 years ago

Please don't be scared just because I have come to know you. In many ways it is the first step into the light - accept that people know you.

And we don't really argue. You draw conclusions from the articles that suit you and name call all who do not agree with your interpretation and inductive reasoning - such as it is. You know we could discuss these points dispassionately. But you would rather cross your eyes and defecate - demanding that people argue with the opinions of other (not your own) because you chose to post them.

And you know me: I'm not afraid of a car just because it has of different power train. I can trust my doctor and with steely eyes even take an injection - no lollypop needed.

So...I'm thinking we are kind of Yin and Yang.
And I only say that because I feel I know you so well.

Brewha wrote:




That's EXACTLY why I typed what I did. You can somewhat read but cannot understand the words. I'm not your teacher, your lot in life is to remain stupid and and be that example of stupidity.

I've never said I'm afraid of EV's. I was the one voice during the Obama years stating it would be wise money to either partner with or subsidize the car instead of bailing out manufacturers. Backed off it because I prefer an open market economy. The words are here. Not my fault you want to paint me with your stupid brush into your stupid paints and paint a stupid picture. There's nothing to really be scared of unless it does catch on fire. The rest of your post is you looking into a mirror. Telling on you really that trying to describe me. You do know there are people that post here that have met me and know me?

Yin and Yang? More like you're White Claw Green Apple and I'm Glenfiddich 14 yr old Scotch.

Keep paddling.

PS: Your car is worth less than what you bought it. Even without the mileage, if you parked it and left it sealed in a garage...it's still worth less than when you bought it. So much tech. Sucker!
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Brewha
2 years ago

That's EXACTLY why I typed what I did. You can somewhat read but cannot understand the words. I'm not your teacher, your lot in life is to remain stupid and and be that example of stupidity.

I've never said I'm afraid of EV's. I was the one voice during the Obama years stating it would be wise money to either partner with or subsidize the car instead of bailing out manufacturers. Backed off it because I prefer an open market economy. The words are here. Not my fault you want to paint me with your stupid brush into your stupid paints and paint a stupid picture. There's nothing to really be scared of unless it does catch on fire. The rest of your post is you looking into a mirror. Telling on you really that trying to describe me. You do know there are people that post here that have met me and know me?

Yin and Yang? More like you're White Claw Green Apple and I'm Glenfiddich 14 yr old Scotch.

Keep paddling.

PS: Your car is worth less than what you bought it. Even without the mileage, if you parked it and left it sealed in a garage...it's still worth less than when you bought it. So much tech. Sucker!

DrMaddVibe wrote:



Ah, but you are a teacher. How else would any of us know how stupidly stupid we are without your entertaining assessment of lowly us? Why you have more erudite material in your little finger than most people have in their entire intestines - including the colon. And I assure you - we are not worth.

Evidence your keen insight that my car lost value when I drove it off the lot - who does that happen to? Only the stupidly stupid stooges. Favor us now; your vehicle has appreciated how much sence you bought it? 150%? Twice? Three times (like a lady)?
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DrMaddVibe
2 years ago
German EV Sales Plummet 30.6% In May Compared To Year Earlier


The figures for the registration of new electric cars in Germany are looking increasingly awful.

In May 2024, the Federal Motor Transport Authority (KBA) reported that it had registered only 29,708 vehicles with electric motors.

That is 30.6% down on the result for the same month last year.

CO2 emissions of new German cars also rose 3.3%…indicating the green transition has stalled and is reversing.

Hat-tip: Blackout News

The KBA also adds that 89,498 passenger cars were equipped with a gasoline engine – an increase of 2.1 percent compared to the same month last year.

44,893 new cars were diesel-powered, an increase of 3.2 percent compared to the same month last year.

71,451 new cars had a hybrid drive in May 2024, accounting for a share of 30.2% (-0.3%), including 14,038 plug-in hybrids (+1.7%/5.9%).

According to the KBA, the average CO2 emissions of new passenger car registrations rose by +3.3% and amounted to 124.0 g/km.

Back to fossil fuels!

https://www.zerohedge.com/energy/german-ev-sales-plummet-306-may-compared-year-earlier 

Looks like Germany is waking up!
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DrMaddVibe
2 years ago
2 times a lady...


Second Time: EV Startup Fisker Files For Bankruptcy Due To "Macroeconomic Headwinds"


Electric vehicle startup Fisker filed for Chapter 11 bankruptcy in a Delaware federal court on Monday evening, intending to sell its assets. This decision comes after recently halting production of its "Ocean" SUVs.

Joining the ranks of Arrival, Lordstown Motors, Proterra, and Electric Last Mile Solutions, Fisker's bankruptcy underscores the severe challenges faced by EV startups over the last several years. These challenges include depleted cash reserves, a high interest rate environment, and a downturn in EV sales, particularly in the face of Tesla's EV price war worldwide.

The startup, founded by former BMW and Aston Martin designer Henrik Fisker, whose EV company previously went bankrupt, released this statement:

"Like other companies in the electric vehicle industry, we have faced various market and macroeconomic headwinds that have impacted our ability to operate efficiently.

"After evaluating all options for our business, we determined that proceeding with a sale of our assets under Chapter 11 is the most viable path forward for the company."

Per the court filing, Fisker estimated assets to be $500 million to $1 billion and liabilities to be $100 million to $500 million. It noted there are approximately 200-999 creditors.

The announcement comes as no surprise. In February, Fisker issued a "going concern" warning about running out of cash in the second half of the year. In March, the company reportedly hired bankruptcy consultants and more recently missed a loan payment. There was speculation that a "large automaker" was interested in making an investment, but nothing came out of that.

In 2023, Fisker produced over 10,000 Oceans, less than a quarter of its forecast, but only delivered 4,700. Manufacturing of the SUV is currently paused as Fisker's future remains uncertain.

Earlier this year, Adam Jonas at Morgan Stanley called for a consolidation wave in the EV space. Tesla is the strongest EV company standing.

https://www.zerohedge.com/markets/ev-startup-fisker-files-bankruptcy-due-macroeconomic-headwinds 
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DrMaddVibe
2 years ago
Used EV prices falling much faster than gas models


Despite prices falling slightly, brand-new EVs are still notably more expensive than comparable gas models. On the used market, though, iSeeCars’ latest study found that used EV prices have fallen below used gas models’ pricing for the first time — and with used electrics' costs falling “much faster” than gas cars’ values.

iSeeCars analyzed more than 2.2 million used car prices in February, finding that EVs are losing value much faster than gas models. EV pricing is down almost 30 percent year-over-year, reaching nearly five times the rate of price decline of gas vehicles.

Karl Brauer, iSeeCars’ executive analyst, said, “There’s no denying the crash in used electric vehicle values over the past year. We’ve watched EVs’ prices fall between 30 and 40 percent since June of last year, while the average gas car’s price has dropped by just 3 to 7 percent in that same timeframe.”

Used EV prices had a decent moment at the end of 2023, but they fell off the cliff earlier this year before continuing their decline. Used gas car prices rebounded a bit during that time. “It’s clear used car shoppers will no longer pay a premium for electric vehicles and, in fact, consider electric powertrains a detractor, making them less desirable – and less valuable – than traditional models,” Brauer said.

If you’re looking at a used vehicle, now could be a good time to jump in on EVs. Part of the challenge dealers face with moving used EV inventory is buyer skepticism about the national charging network and battery longevity, leaving the door open to find solid deals on used models for buyers who know what to look for. This creates a great opportunity for buyers in the know to scoop a vehicle with low-ish mileage for not a lot of coin.

https://www.msn.com/en-us/autos/news/used-ev-prices-falling-much-faster-than-gas-models/ar-BB1onEXW?ocid=BingNewsSerp&cvid=084411e7e61c4cc5fe2a035f9142afa9&ei=14 

For those that cannot understand how bad a fart car depreciates...maybe this will help. I doubt it...because ...look who can't.

Evidence your keen insight that my car lost value when I drove it off the lot - who does that happen to? Only the stupidly stupid stooges. Favor us now; your vehicle has appreciated how much sence you bought it? 150%? Twice? Three times (like a lady)?

Brewha wrote:



So...much...tech...
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