[AdamB]

$this->bbcode_second_pass_quote('theluckycountry', '
')$this->bbcode_second_pass_quote('', 'T')he local managing director of Chinese-backed carmaker Polestar says major brands and the industry’s prominent lobby group have stifled the uptake of electric vehicles with “unnecessary and unfounded” criticism of fuel efficiency standards, creating fear among motorists.

[theluckycountry]

Was just looking at the Lucid Battcar. As ugly as sin and $70,000.


For the base model I suspect. Who in their right mind would buy that? A Dodge Viper is cheaper and I know which one I'd rather own.



The financials are terrible too, their stock price is pets.com and they are drowning is debt. It's only a matter of time before they go out the back door and then where will those 12,000 EVidiots be? Up a creek without a software update is where.
$this->bbcode_second_pass_quote('', '
')The Financial Tightrope: Cash Burn, Debt, and Dilution

Lucid's financials paint a dire picture. As of Q1 2025, the company's cash reserves stood at $1.85 billion, but its cash burn rate of $500 million per quarter threatens to deplete these reserves by late 2026—precisely when its mass-market vehicles are slated to launch. Compounding this pressure is $2.08 billion in long-term debt and a share count that has swollen by 30% over six months due to equity raises.

This dilution has crushed its stock, which traded at $2.41 in May 2025, down sharply from its 2021 IPO price of $21. Analysts like have issued stark warnings: bankruptcy could occur within 12 months without additional funding. Even CFRA, which rates as a “sell,” has a 12-month price target of $1, citing unsustainable cash flows and a lack of profitability.

[theluckycountry]

The Media is Lying to You About Electric Cars, Here’s the Truth
https://www.youtube.com/watch?v=uUv0QsDJr3o

[AdamB]

$this->bbcode_second_pass_quote('theluckycountry', 'W')as just looking at the Lucid Battcar. As ugly as sin and $70,000.

[theluckycountry]

Dream Dream Dream Dre~ee~eem
https://www.youtube.com/watch?v=GaJvqq8t4q8

[AdamB]

$this->bbcode_second_pass_quote('theluckycountry', 'P')arrot says something more unrelated than normal to provided video. Watch at your own risk, be prepared for idiot ideas to be expressed, keep bleach handy to wash out eyes maybe.
https://www.youtube.com/watch?v=GaJvqq8t4q8

[theluckycountry]

Because in America, when you post a story about possible grid failure due to heat, you have to use two lesbians to get the point across



Oh it's a big issue for Battcar owners alright! Spoiler alert: Your Tesla powerwall can be accessed and drained by the utility just as it's charging the Battcar for tomorrows adventures. If it's connected it can likely be drained too. It's for the greater good.

Virtual Power Plants Helped Save The Grid During Heat Dome

$this->bbcode_second_pass_quote('', 'A')s the eastern half of the United States baked under record heat late last month and electricity demand reached multi-year peaks, it looked like the grid might succumb.

Grid operators and public officials scrambled to avoid a disaster, ordering generators to defer maintenance and customers to conserve energy... Grid experts — and at least one grid operator — say at least some of the credit goes to distributed energy resource aggregations and flexible loads dispatching at higher rates than ever before.

Those “virtual” or distributed power plants helped keep the lights on as generator reserve margins plummeted. Major virtual power plant operators matched near-record peak loads with unprecedented dispatch activity. Sunrun dispatched more than 340 MW from customer-sited batteries on the evening of June 24. The same day, EnergyHub shed 900 MW of peak load and shifted 3.5 GWh of energy away from the highest-demand periods. Uplight managed about 350 MW of flexible load in 45 dispatch events across 16 utility programs over the course of the heat dome week.

“You’re seeing [utility] folks on the supply side saying, ‘Wait, how many megawatts do we have lying around?’ And the light bulbs are starting to go off,” Bascom said in an interview.
Quicker and cheaper than traditional generation. It helps that it costs far less — and takes less time — to aggregate existing customer-sited resources than it does to build new dispatchable generation or storage, Bascom added.

[theluckycountry]

But that's voluntary! Sure, for now.
https://www.utilitydive.com/news/virgin ... sh/747770/
$this->bbcode_second_pass_quote('', 'V')irtual power plants are increasingly capturing the attention of lawmakers as state, territorial and tribal governments seek more dependable energy grids.

Essentially, VPPs are several smaller energy sources that are aggregated and remotely controlled to relieve stress on the central grid during peak energy use. The U.S. Energy Information Administration projects the global demand for energy will increase by at least 33% by 2050 across all energy sectors.

[AdamB]

$this->bbcode_second_pass_quote('theluckycountry', 'B')ecause in America, when you post a story about possible grid failure due to heat, you have to use two lesbians to get the point across

[AdamB]

$this->bbcode_second_pass_quote('theluckycountry', '
')A.I. comes first remember

[theluckycountry]

I know most people don't want to hear all this news, this reality of the collapse of once cherished dreams, but I'm going to keep posting up the collapse of it. Why? Because you don't get off that easy, you can't pretend it didn't happen and crawl under a rock of future Hopium.

Already I see the masses flocking to the next bubble, the AI bubble that promises the Tomorrow Land future. They want to pretend that the hundreds of thousands of pointless wind generators doesn't matter, that the millions of Battcars searching for a top up amongst the detritus of the charger network don't exist. That the Shale revolution that didn't bring prosperity never happened.

It's all chatter now about AI and how it's soooo Amazing. Well you know where that leads, the same place every other stockmarket bubble to date has led, down the toilet as far as benefits to society at large. Until people wake up to the 2008 conventional PeakOil turning point and it's consequences they will forever be Lemmings running towards the cliff edge. Ahead of them many have already leapt over, Salesman, Accountants, factory workers, IT folk and engineers. People who have lost their jobs and can't get another and are out of the game, because in Western society if you have no money you don't exist! No one wants to know you. You have to face these hard facts, accept them, and act accordingly or your future will be scavenging in the rubbish pile of a once proud nation, as more and more are, every day.

https://www.youtube.com/watch?v=-vc6CHRrtH8

Venice Beach



Portland

[theluckycountry]

Didn't kub work in the industry? That would explain his sudden absence, getting made redundant from the Battcar industry. There are a few members here that have come back to report losing jobs, but only after getting employed again. Toecutter from memory was one. When people lose their job they typically don't want to advertise it. Like when they go bankrupt, they'll go to great lengths to hide it from friends and even family. It's an embarrassment. And it's well documented. "We're moving to Grandma's dear, to help look after her in her old age."

I have never experienced it myself, my last time working for a boss was 30 years ago and more and then it was a different era. I went into business for myself, a recession proof business as it turned out. I can only imagine the stress of losing a good job and still being stuck with a mortgage and all the other debt people carry today. Nightmare! That's why getting out of debt should be the number one priority for anyone.

[AdamB]

$this->bbcode_second_pass_quote('theluckycountry', 'I') know most people don't want to hear all this news, this reality of the collapse of once cherished dreams, but I'm going to keep posting up the collapse of it.

[AdamB]

$this->bbcode_second_pass_quote('theluckycountry', 'D')idn't kub work in the industry?

[theluckycountry]

Someone on youtube was well ahead of the curve. Posted in March 2023

The EV Industry Bubble Is About To POP
https://www.youtube.com/watch?v=_NjB4QBc2sU

They pretty well nailed it, but they didn't step out on a limb to predict Teslas' woes, something I knew would happen long before Elon stepped into politics. His foray into the trump camp had nothing to do with the fall in sales of the iconic Battcar. It was already seeing steep sales declines as the masses woke up to the limitations and began switching back to Gasoline. Don't forget Hertz's big rejection of them. After only partially filling their 100,000 order from Tesla they then proceeded to dump 30,000 of them.
$this->bbcode_second_pass_quote('', 'R')easons? High depreciation costs, lower-than-expected demand for EVs from rental customers, and a strategic shift towards internal combustion engine (ICE) vehicles. This has resulted in heavily discounted Teslas being sold, with some Model 3s listed for under $20,000

[theluckycountry]

Now the Hertz Fallout.

Hertz sold a bunch of Teslas and it turns out they're all kinds of trouble for their new owners
$this->bbcode_second_pass_quote('', ' ')...The battery abuse these have received makes a purchase from Hertz a dealbreaker. My prior experience with purchase of a used rental does factor. Most rental cars don’t see much abuse, however many of these were Uber rentals, lots of fast charging, using all the range there is, the abuse is such it falls on the poor slob that buys one. I would buy a used Tesla from Tesla, that’s about it.

We reached out to Hertz for comment, but Hertz isn’t saying much about the used Teslas. It seems the company just wants to get rid of them and be done with it. In a statement to New York, a spokeswoman said the company expects to be done selling the remaining 20,000 Teslas by the end of the year. If you’re in the market for one of these things and are tempted by the low prices, all I can say is good luck.

[AdamB]

$this->bbcode_second_pass_quote('theluckycountry', '
')Hertz sold a bunch of Teslas and it turns out they're all kinds of trouble for their new owners
https://qz.com/tesla-hertz-used-electri ... 1851482632

Frankly only an idiot would buy a used Battcar, they are just buying someone else's problems.

[theluckycountry]

Now for some good news.

"Effective Immediately": Shipping Line Suspends EV Cargo Due To Lithium Battery Fire Concerns

$this->bbcode_second_pass_quote('', 'U').S. shipping and navigation services company Matson surprised customers in recent days by announcing new policies that halt all electric vehicle shipments due to the fire risk posed by lithium-ion batteries. This comes after the Morning Midas—a RoRo carrier transporting EVs and hybrids—erupted in flames early last month in the Pacific and subsequently sank.

Shipping news website The Maritime Executive reports that Matson abruptly suspended the transport of EVs and plug-in hybrids, citing growing safety concerns over lithium-ion battery fires in a letter to clients. The new shipping policy took effect immediately and impacts trade routes across the U.S. mainland, Hawaii, Alaska, and Guam.

[AdamB]

$this->bbcode_second_pass_quote('theluckycountry', '
')"Effective Immediately": Shipping Line Suspends EV Cargo Due To Lithium Battery Fire Concerns
https://www.zerohedge.com/commodities/e ... e-concerns

[theluckycountry]

Tesla's California sales down for seven straight quarters
https://www.reuters.com/business/autos- ... 025-07-22/

But but, they're the future?
I know, because I saw it on TV




And where's my Damn robot!!!