When you listen to consumers, not climate cranks, the market rewards you.
Daily Caller (2/7/24) editorial: "Toyota said Tuesday the company will see an annual profit of $30 billion at the end of the fiscal year in March, and it’s probably down to one big decision. The Japanese car giant suggested that its decision to avoid going fully electric within its fleet of vehicles, and instead emphasize hybrid machines, is likely why it’ll end the fiscal year on such a high, according to Axios. Shares in Toyota rose nearly 50% in the last 12 months, while electric vehicle manufacturers struggle to deal with the fact that no one wants their stupid cars.Ford was forced to cut the price of the electric version of its iconic F-150 pickup truck by around $10,000 because no one wanted to buy them. Models were piling up at dealerships, despite the lower-cost, because common sense consumers know that electric vehicles (a) don’t really help the planet as they are still fueled by electricity from traditional power plants, and (b) are often junked over the most minor of damages...General Motors reported a $1.7 billion loss in January thanks to a seriously slowing down in interest in electric vehicles by the general public. So, Toyota clearly made the right call by avoiding these stupid cars, and sticking with vehicles that do what they’re supposed to: get you where you need to be on time."
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"Zero Energy Poverty by 2050 is a humane and achievable goal. Net zero carbon emissions by 2050 is neither achievable nor humane, as impeding energy access runs counter to emerging from poverty."
– Chris Wright,
Liberty Energy
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