Anthony Pompliano
๐ค SpeakerAppearances Over Time
Podcast Appearances
They all went there.
And guess what they found out?
Battery technology is expensive to make.
They also found out that, guess what?
You know, you got to be able to charge these things.
And then Elon Musk proved that he wasn't just Tesla.
He was a service station network selling, saying, hey, you use the same connector on the car.
You could use my superchargers everywhere.
But the automakers went all in.
And now they're backing off.
Tom, did they go all in because they didn't have a choice?
Was it a business move?
Was it a force move?
They made a business decision at gunpoint of green legislation with states like California saying, you will be this percent by this time.
So they had no choice.
But they also went all in.
And so because they believed...
Look, if you believe that Biden was going to be reelected or that Kamala is going to be elected or that the green that AOC and the green mandate and everything was going to continue, then you went that way to protect your business because, you know, under federal guidelines, you had to do it.
Meanwhile, the consumers were discovering that when you take that seventy five hundred dollar subsidy, remember all the headlines about this, when you take that off.
it points back to the hybrid vehicles being more cost-effective.