Fortunately, Ford can make it up on volume. From John Seiler at The Epoch Times via zerohedge.com:
So much for California’s mandate that “all new passenger cars, trucks, and SUVs sold in California will be zero-emission vehicles by 2035,” according to the California Air Resources Board. It imposed the mandate at the request of Gov. Gavin Newsom.
On April 24, Ford reported it lost $132,000 for each of its 10,000 electric vehicles sold in the first quarter of 2024, according to CNN. The sales were down 20 percent from the first quarter of 2023 and would “drag down earnings for the company overall.”
The losses include “hundreds of millions being spent on research and development of the next generation of EVs for Ford. Those investments are years away from paying off.” Ford is the only major carmaker breaking out EV numbers by themselves. But other marques likely suffer similar losses.
Californians bought 1.78 million new vehicles in 2023, reported the California New Car Dealers Association. Multiply that number by $132,000 and you get $235 billion. That would bankrupt every car manufacturer, meaning they just would pull out of selling anything in the state.
The California government would have to set up socialist, government-owned companies to make the cars, like the infamous Yugo. Dubbed “the worst car in history,” it was sold in America in the 1980s and was made by the communist Yugoslav government just before the country itself broke up in 1991.
STRAIGHT LINE LOGIC 
The state will step in and nationalize all automakers and back them by the printing press?
They could redistribute any capitalist pig profits to the collective but some will get a little more since they are more equal.
Why not make everything too big to fail or jail.
It’s gonna work this time, we have the enlightened lightworkers of the faculty lounge.
Or is the plan to destroy everything once and for all?
This just in from Les Elgart and His Orchestra:
The Varsity Drag
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