Subject: Re: Farley admits reality, mostly
Meanwhile, GM takes a second EV writeoff.
Oh sure, with an administration hostile to EVs and CEOs looking at the next quarter instead of the next decade, not a surprise. This small window will be looked back on as “when Detroit became irrelevant.”\
It happens. We barely make steel anymore. Or TVs. Or microwaves. Or lots of things. Detroit, however, used to be a huge part of the economy, at one point accounting directly or indirectly (suppliers) for 1 in 5 jobs in the country.
Ah well, we can always make Caramel macchiatos and soybeans, I guess.