The great electric vehicle scam is finally coming to an end, and it's costing America's biggest automakers a staggering $50 billion in the process. Ford, General Motors, and Stellantis are all retreating from their woke EV fantasies after President Trump's decisive action to end the taxpayer-funded subsidies that propped up this failed green energy boondoggle.
Ford alone announced in December that it expects to take a crushing $19.5 billion hit as it pulls back from electric vehicles that nobody wanted to buy without massive government bribes. Combined with losses at GM and Jeep-maker Stellantis, the Big Three automakers are now facing over $50 billion in charges as they abandon their electric pipe dreams.
This is what happens when corporations chase ESG scores and government handouts instead of listening to actual American consumers. For years, these companies poured billions into electric vehicle production, banking on Biden-era tax credits and mandates to force Americans into cars they didn't want.
Trump's America First Energy Policy Wins Again
The collapse of the EV bubble is a direct result of President Trump's promise to end the war on American energy and stop subsidizing the green agenda with taxpayer dollars. Without artificial government support, these overpriced, unreliable electric vehicles are being exposed for what they always were – a solution in search of a problem.
"This is exactly what President Trump predicted would happen when you stop forcing Americans to buy products they don't want," said one industry analyst. "The market has spoken, and it chose freedom over green mandates."
While Democrats and their media allies are spinning this as an industry crisis, Patriots know better. This is the free market working exactly as it should, punishing companies that bet against American energy independence and consumer choice.
The real question now is whether these automakers learned their lesson, or if they'll continue chasing the next woke trend instead of building the reliable, affordable vehicles that American families actually need. The $50 billion loss should serve as a warning to every corporation: Go woke, go broke isn't just a slogan – it's economic reality.