Includes amazingly similar charts for nine EV makers -- the stock prices dropping like stones to near-zero (and that's IN ADDITION to Lordstown and Electric Last Mile, which have already gone bankrupt), plus a chart for Polestar, owned by Chinese giant Geely, which looks less bad and might pull through.
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Yup, but the SPAC that will bust this trend is DWAC!
DWAC is the spac trying to take Truth Social's parent company TMTG public
Note that the SPAC appears to be the brainchild of Cantor Fitzgerald, a suspected white hat operation rumored to be backed by Kennedy family money. Note DWAC (in progress), RUM (completed with CFVI), PSQH (completed with CLBR) brought public with minimal interference from Deep State SEC using this method by allowing pre-set “vehicle” to be harnessed via private company merger with SPAC.
Also NKLA, same thing, outwardly appears to be EV company, but true goal is hydrogen (i.e. running cars/trucks off water) with similar tech as Toyota. NKLA has been continuously attacked by Deep State since its inception because they are bringing water engine tech from 1920s into market under “hydrogen” banner. Same with Toyota.
Deep State may be trying to piggyback off the SPAC method to accelerate their “green agenda”, apparently unsuccessfully so far.
Cantor Fitzgerald offices in WTC specifically targeted by Deep State on 9-11 almost obliterating the company.
Interesting details . . .
Yes. Cantor Fitzgerald and their founders are quite interesting if you follow the rabbit hole on them and see what they were doing leading up to 9-11. I would say ~1998-1999 is where it gets interesting. Also look into JFK Jr. connections to them.
Your guys are always so down on EV's. I personally have always dreamed of owning one. If it comes with the 24 ballistic missiles in the launch tubes, it would be like Christmas. #OhioClass #Nukepowerya'll 🥰
I think EVs are interesting and have a good use case for some situations, but several factors make them a very bad choice -- untenable, really -- as full replacements for the entire vehicle fleet (or anything close to that).
The government / WEF / etc is FORCING the replacement of internal combustion vehicles with electrics instead of letting the market decide what level of EV saturation makes sense. That's why we're seeing so many bizarre and sometimes deadly problems with EVs, and why manufacturers are losing billions trying to sell EVs to a population that mostly doesn't want them.
Absolutely. I still want a nuclear powered sub. Now, if I could fit a reactor in my truck, I would be all about any electric vehicle.