Flashback: EV Startups Are Proving Warren Buffett Right -- May 11, 2023 -- Re-Posting August 6, 2023

Locator: 45356EVS.

I got to re-thinking this article from a year ago after a reader sent me an article suggesting the UAW would be seeing a 46% increase in wages over four years, the length of their next contract.

If one thinks EV automakers are burning through cash now, think what this new contract might man for EV makers.

Link to the UAW story. 

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Flashback, a year ago, May 11, 2022. 

EVs: tracked here.

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Original Post

EVs:

• must-read story today; The WSJ; brings us up-to-date on the sorry excuse for EVs
• link here;

From the linked WSJ article: