🔋 Is EV Adoption Slowing?

PLUS: BYD Supercar 0-60 in 2 seconds 🏎️

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Here’s what we’ve got for you today:

  • Is EV Adoption Slowing? ⚠️

  • Fisker Gets Hit with Non-Compliance from NYSE 📉

  • BYD Yangwang U9 Supercar Launching with a 0-60mph in 2 seconds 🏎️

IS EV ADOPTION SLOWING? ⚠️

Remember that feeling when you first tried riding a bike without training wheels? Wobbly, confusing, maybe even a little scary?

That's kind of where electric vehicles (EVs) are at right now.

source: exro

We're all excited to ditch the gas guzzlers and go green, but the ride ain't exactly smooth.

Headlines are screaming about production cuts, software issues, and even car rental companies ditching their EVs.

Woah, hold on!

Before you ditch your dreams of saving the planet in a shiny Tesla, let's take a breath.

Experts say this bumpy road was kinda expected. Switching the whole world to electric cars is like learning to ride a bike blindfolded – it takes time and some tumbles.

Plus, interest rates are high, making any big purchase (like a car) less appealing.

source: exro

Here's the deal:

  • Europe: Subsidies that made EVs cheaper ran out. People are waiting for better battery tech and lower prices.

  • China: Price wars between carmakers are good for buyers, but not so much for company profits.

  • US: We lack affordable options (RIP Chevy Bolt) and a decent public charging network. Plus, electric cars are still pricier than gas guzzlers.

But hey, it's not all doom and gloom!

Global EV sales are still growing, even with the bumps.

New US subsidies just kicked in, even if they're not perfect.

Governments are cracking down, like some banning gas car sales in the future.

The key is getting electric cars cheaper and more convenient. Imagine if they cost the same as gas cars and charging was as easy as plugging in your phone! That's what governments and carmakers are working on.

So, yeah, the EV transition is bumpy. But remember, even the smoothest bike riders started with wobbly stumbles. Buckle up, keep the faith, and let's roll towards a greener future, together! (Just maybe avoid the potholes.) 

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FISKER GETS HIT WITH NON-COMPLIANCE FROM NYSE 📉

Oh dear.

Looks like Fisker, the electric vehicle startup that promised to bring us flying cars and robot butlers (okay, maybe not the last one), is in a bit of a pickle.

Their stock price has been hanging out below $1 for a month straight, which is like showing up to a fancy party in sweatpants. Not a good look.

Now, the New York Stock Exchange is all like, "Dude, get it together or you're out!" But fear not, Fisker has six months to shape up.

They could do a reverse stock split, which is like squeezing a bunch of stocks together to make them look more valuable (think of it as financial Spanx).

Or they could buy back a bunch of their own shares, basically paying themselves to look good.

BYD YANGWANG U9 SUPERCAR LAUNCHING WITH 0-60MPH IN 2 SECONDS 🏎️

Remember that rich uncle who showed up with the Lambo last Christmas?

Yeah, multiply that by, like, ten, because China's BYD is about to unleash a fleet of electric supercars that'll make your jaw hit the floor (and your wallet cry).

First up, there's the Yangwang U8, a beastly off-roader with more horsepower than a herd of angry Clydesdales (1,200 to be exact).

This thing can turn on a dime, handle tire blowouts like a champ, and even float through water emergencies. Talk about an escape vehicle!

Not enough? Cool your jets, baller, because the U7 sedan is here to whoosh you away.

Packing a battery bigger than your apartment and 1,300 electric ponies, this luxury rocket can zoom from 0 to 60 mph faster than you can say "Tesla, who?" And the best part? It goes for (relatively) pocket change: a cool $140,000.

Now, the pièce de résistance, the cherry on top, the main course of this automotive feast is the U9 supercar.

Imagine a Tesla Model S that chugged a Red Bull, grew muscles, and learned kung fu. That's basically the U9. With 1,300 horsepower and a 0-60 mph time that'll make your eyeballs vibrate, this electric cheetah is ready to pounce.

So, if you're looking to ditch your gas guzzler and enter the electric fast lane, keep your eyes peeled for BYD's Yangwang lineup.

Just remember, with great power comes great responsibility...and a hefty insurance bill. But hey, at least you'll look cool while leaving everyone else in the dust (and fumes)!

THE JUICE 🔋

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DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.

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