Ford announces it will pause construction of its $3.5B electric battery factory, built in cooperation with China. Ford loses $60,000 on each electric vehicle, for a total loss of $$4.5B per year.
Lesson: If you want to force people to buy items they don’t want, you need totalitarianism. From this lesson, free people will learn to stop forcing people, and let the free market do what it does best. But from this lesson, leftists will learn to push totalitarianism even harder.
To paraphrase Trump: It’s you they’re coming for, the gasoline car is just in the way.
