this post was submitted on 25 Jul 2026
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How do you lose money selling electric cars when two oil critical straits are blocaded
In the US, the market has soured on EVs and the federal tax credits have gone away.
Outside the US, China is eating their lunch.
The US has absolutely not soured on EVs, you need to read the headlines in your bubble more critically. The increasing rate at which EVs are selling in the US is increasing slightly less quickly. Which is all the oil company headlines need to spout bullshit.
Our home is 100% EV, its only two cars but its still a sweep!