Professor Glenn A. Okun
The Rabid Capitalist: The Big Point is a summary of a detailed note available to paid subscribers.
The auto industry’s attempt to convert to electric vehicles (“EV”) represented its boldest transition in over a century. In five years, carmakers, encouraged by subsidies, regulations and investors, launched models into the EV market to a reception of criticism and disappointing demand. Now, automakers’ write-offs and retrenchment have signaled the end of the current green cycle.
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