[AdamB]

Why...thank you for that "boots on the ground" information on you and your fellow citizens. I will certainly keep this honest assessment of your countrymen in mind every time you open your uneducated neonazi mouth.

[theluckycountry]

Any positive news on the EV front adam, or just more of your pathetic personal attacks? It's all your have left isn't it, no positive news for you ev fanboi, nothing left but the specter of ever lower resale values ever shorter ranges and ever fewer functional chargers

What a debacle. But don't worry, go out and buy Bitcoin now, your messiah has assured you it is going to the moon! Not doge, he doesn't talk about doge anymore.

Tesla moves $765 million in Bitcoin to unknown wallets, putting Musk’s crypto plans in the spotlight

Tesla holds over 11,500 BTC, worth just over $775 million. When it moved the entirety of its holdings recently, investors got worried Tesla might be getting ready to make a sale. Up until then, it hadn't touched the funds for two years.

Tesla Billionaire Elon Musk Declares ‘Financial Emergency’ As $35.7 Trillion ‘Debt Bomb’ Primes A Bitcoin Price Boom To Rival Gold

Pump & Dump

[AdamB]

Any positive news on the EV front adam, or just more of your pathetic personal attacks?

Don't know what you are talking about. Your opinion on Australians is certainly well respected, you being one and all.

On a personal front, I sold one of my EVs. Down to just the Leaf now. Doing what it has been doing for years....free fuel from work...going to and fro...no maintenance required since I bought it except tires...just the same old same old outstanding and low cost performance I've always had with this type of vehicle.

What is your experience with them? Oh yes, I forgot, you have none, and can only pontificate from a position of ignorance. Carry on. And thanks for the hints on what Australians are like, and keep up the good...neonazi....work...I guess....?



PS...do you also hide your face at rallies, being the kind of coward that certainly wouldn't want decent Australians knowing you think Adolf did some really good things in his time?

[theluckycountry]

Amidst broken stations, EV drivers ask, 'Why is it so hard to maintain an electrical plug?'

On paper, Canada officially boasts more than 32,000 public charging ports for electric vehicles, but on the web, EV drivers say the true number is far smaller because so many stations are out of service. “This has to be the worst station around. It’s constantly broken,” the driver of a 2023 Chevrolet Bolt EUV who goes by “Adam” said on Oct. 24 on a website called Plug Share about the Trenton, Ont., ONroute charging station just off Highway 401.

https://financialpost.com/commodities/e ... g-stations

It's just all part of the Legacy of the EV bubble and it reminds me of WeWork that suckered millions into renting otherwise obsolete office space with their clever marketing pitches to people who really would have been better off doing the home office gig. Which of course they were forced into due to covid.

Feb 15, 2024 — A recent study from the real estate firm Cushman & Wakefield found that about a fifth of US office space was vacant as of the end of last year.

Stranded assets, it's an old old story.

[theluckycountry]

Rivian Stock Falls. Production Is a Problem.

Updated Oct 04, 2024,
Rivian on Friday reported third-quarter production of 13,157 units, down 19% year over year. Customer deliveries were 10,018 vehicles, down 36% year over year...
Falling production is a surprise and a disappointment, considering the company’s prior guidance for full-year production was at 57,232 vehicles. (It made about 50,000 vehicles in 2023).

Parts shortages are to blame.

Ahhh, parts shortages, good cover story, but the stock price is like a ski slope, tailing off now just above single digits at $10.30 I doubt it survive much longer without "Another" cash injection from a big player like VW. All those U.S. manufacturers down the toilet and all the excuses in the world but the simple fact is people are turning away from the EV in droves

[theluckycountry]

Well not all stocks were happy to see a trump win, Rivian fell off a cliff yesterday to single digits. I'd say it's time for a reverse stock split, and for you that don't know what that implies it's a manipulation of the stock price where they take back two or four or more shares and issue one new one at the same value as the number taken. All very simple in the digital age and it resets the stock price back above the single digits.

Lots of companies going out the back door employ this strategy to keep themselves listed on the NASDUCK for a bit longer so we might see Rivian (let's call it rivian with a small r now it's single digits) we might see it back up at $20 or higher depending on the split.

Oh and the price fall? Even harder to get parts perhaps No it's simply that the "Blob" has turned against EV and the subsidies are going to be withdrawn just as they have been all over the rest, of the West. So why is Elon Muck a total trump supporter? Because he doesn't care about Tesla anymore of course. He's pulled a ton of his money O.U.T. and moved on the greener scams. Musk is a Brand, just a Brand. Once you see that all the rest becomes obvious.




Everyone thinks Muck invented everything, but he invented Shit!

In 2000 Elon Musk was fired as CEO of X.com after it merged with software company Confinity, which featured PayPal as a service. In 2001, the company was rebranded to PayPal... Musk, they said, had once been the CEO of PayPal and got fired: While this claim is mostly true, it's also oversimplified. In 1999, Musk was the founder of a financial services firm called X.com. The firm was trying out a number of new technological concepts, including using email addresses to carry out financial transactions. X.com's big competitor was a startup co-founded by Peter Thiel and Max Levchin called Confinity, which was developing a similar concept known as PayPal.

In March 2000, the two companies merged, but kept the X.com name. According to the book "Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future" by Ashlee Vance, the two merged teams could never see eye to eye: "Musk kept championing X.com, while most everyone else favored PayPal," Vance wrote.

https://www.snopes.com/fact-check/was-e ... om-paypal/

Don't forget, this was the dotcom bubble, your Labrador could have made a fortune if you put .com after its name. Musk simply moves into existing companies and makes out that it was all his idea, that was the case with Tesla as well. He's a gambler, a confidence man and a politician. A bullshit artist. And now he's very well connected. As I've said before, his loyalty is for hire, he'll back anything if it advances his wealth in the short term.

[theluckycountry]

Tesla sales in Australia are poised to fall by more than 20 per cent by the end of 2024, following its eighth month of sales decline this year. https://www.drive.com.au/news/tesla-aus ... -oct-2024/

Ok... They are still lapping them up like mad in the US though, subsidies being a big part of it. But!

Tesla's reputation in Australia is tanking, with sales down and some buyers turned off by Elon Musk

...He likes Teslas, Australia's most popular EV brand, but he's adamant he'll never buy one. The reason is simple: Elon Musk. The very rich, extremely online CEO of Tesla has alienated Mr Bell with, among other things, his "inane" public comments and endorsement of Donald Trump's run for the US presidency.

And, according to new data, many other Australians feel the same. YouGov, a market research company, has observed a sharp fall in the public's assessment of the Tesla brand since Mr Musk bought Twitter (now X) in November 2022.

https://www.abc.net.au/news/science/202 ... /104229840

The first thing to note is that the cars did very well here initially because A/ there weren't many choices of EV, and B/ because people were caught up in the Elon is a great guy marketing. Pretty shallow when you think of it but the bloke had done a good job selling himself as a savior of the Planet and all things good and wholesome. He's not! He's just a ruthless businessman who's good at covering his tracks and good at building a positive image.

Americans are going to be the last to discover this, if they ever do? After all they still worship Warren Buffett, the home grown billionaire who obviously makes his money at the expense of the masses who look up to him. Why do I say that? Because the money has to come from somewhere, it doesn't grow on trees. Everytime he pockets another billion the working classes lose a billion. He buys low and sells high and the masses buy 401k and whatnot and don't.

30 Jul 2024 — Average 401k balances rose from $112,600 in 2022 – a terrible year for the stock market – to $134,100 in 2023, and median balances from $27,400 in ...

So a bad year, but not for Buffett And lets not forget, every year thousands flow in from pay packets and employers of those account hodlers, the total barely keeping pace with inflation, and always getting milked off by the likes of buffett and musk, the fund managers and wall street, the government and anyone else with a finger in the pie.

How much should you have in savings at each age?

21 Aug 2024 — Those aged 55 to 64 earn an average yearly income of $90,334. Once you get into your 50s you'll want to have saved at least eight times that for retirement.

https://www.bankrate.com/retirement/how ... ency-fund/

8x$90k = $720,000. Anyone here in their 50's have that in their account? Of course not, unless they were on a much higher income to start with. Private pensions were a scam from the outset. All the money is directed into the stock market and property markets, via things like RMBS, all of it in overinflated markets in other words. If the average working people of the World had been investing in real things sine the 1980's there would be no "real things" left now.

GLOBAL, Monday 21 October, 2024 – Total assets under management (AUM) at the world’s 500 largest asset managers reached USD 128.0 trillion at the end of 2023, according to new research from the Thinking Ahead Institute.

https://www.thinkingaheadinstitute.org/ ... to-growth/

128 Trillion in what? In digital accounts of course, in Tesla shares and GM Bonds and new mortgage backed securities. Is it any wonder these markets have been booming? 128 Trillion. That's more than all the oil left on the planet at current prices, certainly more than the value of all the Lumber and copper and steel etc. It's a debt basically, a call on the future production of the planet. But with ever diminishing resources on the planet, and an ever growing digital "asset" base, it's a recipe for "Great Reset" where all that 128 Trillion is revalued, a lot lot lower.

Musk's $56 billion pay package is still up in the air but he'll probably get it and the judge will no doubt get a big fat Cayman's bank account. That's how the world works. Musk might be worth a Trillion on paper, Buffett a lot too, but these men know those paper figures are BS. They are quite content to be able to walk away a tenth of that and they are by selling out at the tops and moving the cash into private quarters.

If Tesla, spaceX et el collapse and Musk is still worth 100 billion in private wealth what does he care? He'll do a George Bush and vanish off to a Texas estate if he wants. These men grew rich off little people who followed their lead but the little people are still all in, waiting for their retirement where they think they can live well on the ever increasing profits off tesla shares etc. It's a dream, that's all it is. The concept of a financial depression isn't even on their radar.

[theluckycountry]

Well all the EV fanboi have gone quiet of late, can't blame them of course, head in the sand, not wanting to admit to reality. Of course by now sales should be booming planet wide as we continue to make the great transition lol.

I'll keep us up to date, but remember, this is an oil tanker at sea with the engines recently cutoff, it will take years to slow to a full stop.

Low-Energy Fridays: Why is it so hard for the government to build EV charging stations?

Oct 25, 2024

As Mike Tyson famously said, everyone has a plan until they get punched in the face. He wasn’t talking about electric vehicle (EV) charging stations, of course, but the quote might as well apply to challenges the Biden administration has faced in expanding the nation’s network of EV charging infrastructure.

The administration started with big plans. In 2021, the federal government created the $5 billion National Electric Vehicle Infrastructure Formula Program (NEVI) to help build fast charging stations for EVs at regular intervals along the nation’s highway system. The initiative aimed to address a major reason why some people are hesitant to buy EVs. A fully charged EV can travel between 110 and 300 miles before its battery is depleted. That’s fine for travel within a metro area, especially if the driver has a charger at home that can top off their battery at night. But for longer trips where a driver needs to stop and recharge, the lack of charging stations can be problematic.

Despite ample funding, little progress has been made in actually building the charging stations. After three years, only 19 charging stations have been built under NEVI nationwide. The slow pace of construction has drawn bipartisan criticism.

To make matters worse, many public charging stations often don’t work. In 2022, researchers took a comprehensive look at fast charging stations in the San Francisco Bay area and found that nearly a quarter of them were non-functional due to broken charges, computer problems, or other issues. This finding is backed up by a survey of EV drivers conducted by J.D. Power, which found that one out of five charging station visitors failed to charge their vehicle.

https://www.rstreet.org/commentary/why- ... -stations/

Read the rest at your leisure, but charging stations are half the EV deal, without them, dead in the water.

Britain’s expensive and broken electric car network is a joke – eco-mad Labour must turbo charge it now or...

Or what Well I know "or what" It was an Eco bubble, the money has been made and we've moved on, why can't these fanboi get that through their thick heads?

IT was after pulling into the third service station on an increasingly stressful hunt for power this weekend that I decided owning an electric vehicle right now was a BAD IDEA.

I mean, they’re nice and everything. They mostly have super-sleek space-age designs with more onboard tech than Elon Musk’s man cave. And the sprinty Volkswagen I was testing for our Motors pages was like a rocket — 0-60mph in just over five seconds but with all the noise of a gentle gust of wind on a summer’s day. Yet despite all this, EVs also have one massive problem, which comes as standard on all models.

Unless the bloody thing is charged, you’re screwed and will just end up as the coolest-looking loser on the hard shoulder. But Britain’s EV infrastructure is a joke. On a trip up the M1, I was left with the tightest sphincter in Christendom as I discovered that charger after charger was either occupied, broken or . . . non- existent. Even when you do find a charger that’s working, some are 90p per kWh and more, which works out more expensive than petrol.

It got so bad, my fancy satnav refused to guide me to my destination without including an “essential charging stop” — that would have taken me longer to get to than my actual destination. If “Britain’s first full-length motorway”, the M1, cannot cope with the existing number of EVs on the road, what hope do we have of convincing everyone to switch to them?

https://www.thesun.co.uk/news/31792469/ ... r-network/

And it's not they are building them out, but not Fast Enough! They have simply abandoned the whole idea. Idiots in America (many of whom are here) believed the current federal government when it promised billions to get the job done. I said at the time that those were just political promises that may never see reality, but oh no, the gullible fanboi insisted it was all going to happen. Well I was proved right that time. Next week I'll look into sales, no doubt still sinking globally. But why anyone would buy one at this point is beyond me? I mean how stupid can you be

[theluckycountry]

"down the memory hole"

: the condition or state of being suppressed, erased, or forgotten (as for political or personal convenience) -imagined as a physical place-. Example: "The answer lies in bipartisan consensus of Republicans and Democrats to let the savings and loan debacle vanish down the memory hole."

The EV's retarded cousin, Rebuildable Energy, is another failed transition that is already well down the Memory Hole. Like the EV, all the early promises/propaganda/marketing is being discarded for reality. In the case of the EV it was lies about their performance, about not needing fossil fuels to run, about battery longevity, future access to cheap charging. Not only did these prove false but the early adopters found themselves slugged with higher insurance costs, massive depreciation, and exorbitant service costs after warranty. It all came down to trust and the people who bought these cars trusted the tech heads selling them and trusted the government to have their back.

Propaganda Flip: Renewables Cult Claim They Never Said Wind & Solar Would Be Cheap

The wind and solar industries are struggling to win the hearts and minds of householders and businesses being belted by skyrocketing power prices. Built on lies and run on subsidies, it comes as no surprise that the truth about heavily subsidised and chaotically intermittent wind and solar would eventually work its way to the surface.

In Orwell’s 1984, whenever Winston Smith and his brethren at the Ministry of Truth happened upon a piece of reportage that included an inconvenient (past) fact for Big Brother and The Party, it was surgically removed from the book or article and sent for incineration down the ‘memory hole’. And, so it is with the wind and sun cult, as they try to rewrite history by claiming that they never, ever said that wind and solar power would be cheap.

Not so very long ago, the media hacks and shills were uniform in their exhortations about how cheap wind and solar were and how (in the not-too-distant future) power consumers would have power at prices magnitudes below what they were being forced to pay for the stuff generated by coal and gas. Taking every glib opportunity to remind us that the ‘wind and sun are free’.

Now that we’re well on our way to an all wind and sun-powered future, it’s become impossible for propagandists to bury the fact that retail power prices didn’t fall, as promised. To the contrary, they’ve risen at double-digit rates every year, for more than a decade.

https://stopthesethings.com/2024/05/07/ ... -be-cheap/

[yellowcanoe]

Here in Canada environmental groups are still making the claim that renewable energy is cheaper than coal, natural gas or nuclear generated power. It's true -- if you only want to use energy when the wind is blowing or the sun is shining! Not so cheap if you need to retain coal, natural gas or battery backup to handle periods when renewables are awol!

[theluckycountry]

Here in Canada environmental groups are still making the claim that renewable energy is cheaper than coal, natural gas or nuclear generated power.

Considering how government subsidies were employed in setting up these plants it's no wonder they started off cheap, but as soon as real world maintenance and replacement dynamics kicked in it was another story. Sort of reminds me of the Hoover Dam. That was built during an anomalous period of high snowpack and rain, with the climate dryer now it struggles to fulfill its intended function.

[theluckycountry]

Another not so obvious downside to owning an EV.

Seattle EV Drivers Panic For Charging Stations After Bomb Cyclone

This once-in-a-decade storm caused widespread power outages across the Seattle metropolitan area, leaving electric vehicle owners in a panic.

At the peak of widespread outages, more than 600,000 customers across Washington State lost power due to the powerful storm; most outages were in King County and Snohomish County. "We've seen some chargers that are almost never used that are fully being used," FlexCharging CEO Brian Grunkemeyer told the tech media outlet. The startup provides charging software services for EV charging operators, including Electrify America.

Grunkemeyer provided a screenshot showing that Electrify America stations on Wednesday were all full, and long lines continued into Thursday.

https://www.zerohedge.com/technology/se ... mb-cyclone

Since the retail charger debacle was exposed, EV fanbois have been claiming that they are immune because they home charge. But most all home systems are Grid-connected, and if the grid is down, so is your charger. Sure you can spend $10,000 on a big Lipo home battery, adding that cost to the fortune you paid for the EV, but you're really REALLY just jerking yourself off by that stage as far as cost savings are concerned.

Moving into Winter the liabilities of cold weather kicks in too. Drastically reduced range if you want to run the heater, reduced range as the system warms the battery pack to make it efficient. A preparedness minded person will see a weather event such as this coming and fill a couple of Gerry cans, just in case. Not an option for an EV owner.

I suppose you could always strap a plutonium power cell behind your seat?



"The Martian" was a great movie, but pure science fiction. I'm afraid all it did though was reaffirm the dream in many dimwitted minds that we'll be there one day soon. Sci-Fi has a lot to answer for, it's probably half the reason people bought into the EV

[AdamB]

"The Martian" was a great movie, but pure science fiction.

Physics today reviewed it and as expected, our local Australian cretin who couldn't make it through high school because the addition/subtraction/multiplication was just....so...hard....apparently couldn't spell "science" to google it search either. Prior to inserting foot in neoNazi mouth.

I'm afraid all it did though was reaffirm the dream in many dimwitted minds that we'll be there one day soon.

Well, as the leading representative of "not smart enough to graduate high school" from Australia group (a country that can't put anything into space), your dimwitted neighbors might think that, and the ones that can't graduate high school even moreso.

In America folks are boosting cars to Mars already just for the fun of it. Oh yeah...and it was an electric one.

Lets not even talk about the cars and cameras and helicopters that Americans have already landed on Mars and began mapping out the best places to answer some science questions that you aren't even smart enough to ask. Go ask your national space agency what handouts they have for simpletons. There you can learn about Australian space exploration, rocket construction, space stations they have, etc etc.

[theluckycountry]

Ahhh, speaking of dimwitted. Did you waste money on a big mobile phone battery Adam? Oh that's right, you lot don't use money, you use debt, piling it up for your retirement years when they come and take your house off you

In 1932 alone, 273,000 Americans lost their homes. In 1933, a thousand mortgages a day were being foreclosed, forcing families to find other shelter, and about half of the nation's home mortgages were in default.

https://lsintspl3.wgbh.org/en-us/lesson ... regation/2

"Those who do not learn from history are doomed to repeat it"
What was the name of that big corporation that bought up thousands of houses during the GFC? Probably quite profitable, especially if they sold them back into a rising market. Yes corporations have it all worked out, feed the people Lies and milk them like cows.
Government subsidies, grants, etc. A direct route into the taxpayers pocket. You have the best government money can buy

[theluckycountry]

My Post-EV-Owner Recovery
https://www.youtube.com/watch?v=bpHWjVLBypI

Sort of says it all

[AdamB]

Ahhh, speaking of dimwitted.

Indeed my dear neoNazi friend.

[theluckycountry]

You're getting a Nissan Leaf woman, and you're gonna be happy

[AdamB]

You're getting a Nissan Leaf woman, and you're gonna be happy

What a typical faux he-man type of answer. I didn't like the leaf all that much when I test drove it, it was too much like a normal....cage. Nothing special about it whatsoever, other than the fuel it used.

I told her that, she asked some questions, and made me go get another test drive so I could take it to her to test ride herself. Don't blame me for my wife's, in this case, quite excellent hunches. When she noticed me laughing about one of your typical faux he-man posts about her car, she came over, and read through it, giggled for awhile at how silly you are, and then asked me to ask you if you are gay. Faux manliness is something women spot in gay men a mile away, and apparently you reek of it.

I explained to her that as a practicing neoNazi it was unlikely you would be out of the closet...she laughed and then began reciting how many of Hitler's hencemen were closet gays as well.

It did make a strange sort of sense, and she is much more astute in these matters than I.

[theluckycountry]

The Poster Child Of Europe's Electric Car Future Just Filed For Bankruptcy After Burning Through Billions

It was supposed to be the poster child of Europe's electric car future. Instead, it filed for bankruptcy this week, a poetic end to a company which has become synonymous with Europe's "green" debacle. For Swedish startup Northvolt AB, the route to collapse started in June when BMW AG canceled a multi-billion order. Back then, few saw the significance of the move, which effectively started a countdown that would culminate in a Chapter 11 filing less than six months later.

As Bloomberg details, Northvolt scrambled to keep the financing flowing, but as Germany’s car industry fell deeper into a historic crisis, precipitated by a flood of cheap Chinese EV imports in the past three years... The company needs as much as $1.2 billion to finance its new business plan, Carlsson said, telling reporters that “we’ll regret it in 20 years if we’re not driving transition” to clean technologies. Translation: I already spent all the money, but if European taxpayers don't pony up to maintain my spending habits, they will regret it.

https://finance.yahoo.com/news/northvol ... 00686.html

And that last sentence sums up all these scams, Groups start up companies not to serve the public but to enrich themselves. They don't care if the company goes down the tube as long as they made a billion or two personally along the way. Think of it as contracting, it's how they do, and they "The heads" move from company to company. Elon musk is the classic example, hyping up a tech company and drawing Billions from it's coffers then moving on to greener pastures.

The fact that Tesla is still worth a fortune in market cap has nothing to do with the actual value of the company and everything to do with the manipulation of the stock price. GM and Ford, Hertz and many others have lost billions on the EV transition and are bailing out as fast as practical. You would assume in a rational world that would flow on to Tesla, and one day it will, but not until the circus packs up shop. No doubt there are some fat payoffs going to investment company heads to keep the masses money trapped in that corpse. And then of course there is the blind patriotic optimism of the average hodler, that believes just because a company is "made in america" it's a winner

[theluckycountry]

Landfill fire still burns after 7 months
https://www.youtube.com/watch?v=k-2KWBQHroM

And all over the world these fires are becoming more and more frequent, I have said it before, the cleanup of the EV debacle will take years, decades even.

The Truth About Electric Car Batteries: As reported by Tesla, their electric vehicles require around 7,000 lithium-ion batteries with a life-span of 300,000 to 500,000 miles. At the end of their usage, each Tesla vehicle produces over 5,000 pounds of lithium battery waste. Where does all of that waste go? ...The improper disposal of lithium-ion batteries is frighteningly common, as 98.3% of them end up in landfills. The environmental impact of this widespread waste mismanagement can be seen immediately and is a cause of concern.

https://www.worldcleanupday.org/post/ho ... ctric-cars
https://www.instituteforenergyresearch. ... 0batteries.

How do you cover this up? You fund a couple of LiPO recyclers and send a tiny percentage of the problem to them, let the Media make a big show of how the problem is now being solved and the public assumes it is. Meanwhile millions of toxic batteries are smoldering in these landfill fires.

All the problems associated with the EV that are just now "being discovered" were known long ago. They were just covered up, like Lead in Gasoline. People like Adam, that come on here and shill for the EV sellers are the most pathetic of all. They are not even getting a slice of the pie, not even getting paid like an EV journalist is. In the industry they are know as "the useful idiots"
That's you adam, a useful idiot for the corporations, a useless eater for the people around you.

Peace.