"High Water Mark" -- EVs -- Jim Cramer -- CNBC -- November 21, 2023

Locator: 46121EVS. 

That was Jim Cramer's comment this morning -- "this is the high water mark for EVs," about 8:30 a.m. CT on CNBC's "Squawk on the Street," with Jim Cramer, Carl Quintanilla, and David Faber. 

Faber ,with some light banter, pushed back on Cramer's comment. Cramer sounded more serious than Faber who simply called GM's Cruise setback a speed bump.

From the blog yesterday:

• Fake EVs: taking market share. 
• EVs: for the urban rich. Very rich. You and I don’t make the cut.
• EVs: three articles to be linked in a.m. All three were “front-page” articles in The WSJ.

Cybertruck: deliveries to begin November 30, 2023, a Thursday, exactly one week after Thanksgiving.

 

Today, those three articles on the "front page" of yesterday's WSJ:

• Are Americans falling out of love with EVs? 
• EV startup Fisker has lost another chief accounting officer.
• More than a speed bump: GM's self-driving car unit skids off course.

All this in the last 24 hours. Twenty-four hours. And the UAW is now running GM, Ford, and Stellantis.