Help Save GM's EV Division -- Buy An Overpriced 8-Cylinder Cadillac Escalade! -- July 17, 2024

Locator: 48169EVS.

See this page. 

At that post, I asked:

Why, oh why, oh why, if EVs are the future, why is Dan Neil reviewing the 2024 Chevrolet Colorado?

So, again, today, over at CNBC, they are reviewing and raving about the new 8-cylinder Cadillac Escalade! If this is the age of the EV, why are we still seeing reviews of ICEs? 

Because that's where GM and others are making their money, and pouring profits into their EV division where they are losing money. Just think: if you buy a Cadillac Escalade, you will pay an inflated price, but that additional cost will help keep the GM EV division afloat.

Earlier this week, GM's CEO Mary Barra said that Americans are not buying EVs to the extent the sector had predicted. And we were shocked!

Link here.