marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
Green New Deal
05/17/2024
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By Laura Harris
Chinese EV hatchback threatening to disrupt U.S. auto sales with very low price and claims of efficiency
A Chinese electric hatchback car has ignited fears among American automakers and politicians as it makes itself more marketable to Americans while it carves a path through the global automotive industry. In 2023, Chinese electric car manufacturing giant BYD launched Seagull, a budget-friendly electric hatchback or city car billed as performing and having craftsmanship comparable to […]
05/03/2024
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By Laura Harris
Low-cost China-made Volvo EV to be sold in the U.S. this summer, threatening Tesla and other EV makers
A Chinese-made electric vehicle is set to arrive in the United States’ EV market this summer, boasting power and efficiency comparable to the Tesla Model Y but with a $8,000 lower sticker price. The EX30 electric SUV, a product of the Swedish luxury car brand Volvo, is a five-seater electric SUV with a 275-mile driving range […]
05/01/2024
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By Arsenio Toledo
Elon Musk shuts down Tesla’s profitable Supercharger team in latest round of layoffs
Elon Musk has shut down Tesla’s division that runs the Supercharger business in the latest round of layoffs that is expected to reduce the electric vehicle manufacturing giant’s workforce by more than 10 percent. The shutdown of the Supercharger division includes the dismissal of two senior executives and several hundred other staffers amid an ongoing […]
04/30/2024
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By Laura Harris
SHORT CIRCUIT: Ford’s electric vehicle unit lost $1.3 BILLION in first quarter of 2024
Ford Motor Company has reported $1.3 billion in losses on its Model E sector or a staggering $132,000 loss for each of the 10,000 vehicles sold during the first quarter of 2024. The electric vehicle (EV) unit, known as Model E, saw a 20 percent decrease in sales compared to 2023, with only 10,000 EVs sold in the first […]
04/22/2024
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By News Editors
EU elites promised a prosperous green future. This could be their undoing
Lenin famously defined communism as Soviet power plus electrification of the whole country. In other words, the ideological project of building communism was supplemented by the technocratic project of electrification, the latter being an important source of legitimacy for the new regime. (Article by Henry Johnston republished from RT.com) The present-day European Union is engaged […]
04/18/2024
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By Laura Harris
Tesla plans to lay off 10% of workforce after dismal quarterly sales
Tesla has announced its plan to lay off approximately ten percent of its workforce after the release of its dismal first-quarter sales report. In that quarter, Tesla experienced a significant decline in sales due to heightened global competition, a slowdown in electric vehicle sales growth and unsuccessful attempts to attract more buyers, including with price reductions. Tesla has […]
03/19/2024
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By Laura Harris
EV COLLAPSE: Automakers are scaling back and delaying their EV plans as consumer demand wanes
The enthusiasm surrounding electric vehicles (EVs) that once swept through the automotive industry is now tapering off as consumer demand misaligns with the industry’s lofty ambitions. For years, automakers had been riding high on optimistic sales projections and ambitious targets for EV growth. From legacy giants like Ford Motor Company and General Motors to luxury […]
03/05/2024
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By Zoey Sky
Apple bails out of EV market and shifts focus to AI
According to people in the know, Apple is finally canceling a decades-long effort to build an electric vehicle (EV). The internal announcement was made on Feb. 27, shocking the nearly 2,000 employees involved in the project. The people who shared the news requested not to be identified because the announcement wasn’t public. The decision was shared by […]
02/28/2024
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By Kevin Hughes
Angry farmers surround EU headquarters in raging protest against “green” policies
The war against the climate change scam and its so-called “green” policies continues to rage in Europe. The stench of manure, melting tires and foul-smelling teargas spread through downtown Brussels on Monday morning, Feb. 26, as furious farmers surrounded the European Union’s headquarters. (Related: EU farmers push back against green agenda: “Why does Brussels hate us?”) The […]
02/27/2024
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By Laura Harris
Thousands of European farmers are still protesting the EU’s anti-farmer regulations
Thousands of farmers across Europe are still protesting against the European Union’s destructive agricultural policies and climate regulations, soaring production costs and cheap imports from countries with less stringent rules. The farmers, who came from Belgium, the Czech Republic, France, Germany, Greece, Hungary, Italy, Latvia, Lithuania, the Netherlands, Poland, Romania, Slovakia and Spain, have been demonstrating from all over […]
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