Professor Glenn A. Okun
The Rabid Capitalist: The Big Point is a brief summary of a detailed note available to paid subscribers.
The Rabid Capitalist has reported previously on the shortcomings of electric vehicles (“EV”) and the mainstream consumers’ hesitancy to adopt them (see https://therabidcapitalist.com/2024/02/26/the-tide-goes-out-on-electric-vehicles/ and https://therabidcapitalist.com/2024/03/15/teslas-meltdown/). This month’s McKinsey & Company report, Mobility Consumer Pulse for 2024, confirmed this reality.
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