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Electric Cars Sitting UNSOLD On Dealer Lots – Here is the Truth!

New electric cars are sitting UNSOLD on dealer lots – Here is the truth! The uncomfortable TRUTH about EVs is what the main stream media is not talking about. Here are the facts they don’t want you to hear. Drive by car lots and you will see rows of unsold electric vehicles. Why is that, I thought everyone was transitioning to EVs. Why is this happening? Let’s start with rental car companies, this was supposed to help people get comfortable with electric cars. Now, Hertz is selling off over 30,000 EVs due to high depreciation, customer frustration and massive repair bills. Other rental car companies are following the lead. Tesla just laid off more than 10% of staff globally, and their sales are down too. Tesla is still the leader in electric cars. China's BYD is the main rival to Tesla, they offer an more choices in EVs for less than $30,000 and BYD offers a pickup truck, they're coming to the US soon and all while EV sales continue to fall and sitting on dealer lots unsold for 1 and 1/2 times longer than hybrids or gas vehicles. How did we get here, what happened it felt like yesterday that every automaker was jumping on the EV bandwagon. Remember, #jaguar pledged to be all electric by 2025; #alfa Romeo by 2027; #chrysler by 2028; #volvo #lotus, #astonmartin #gm and the rest by 2030 and forecasting an all electric spaceship flying to the moon; electric #boats and #airplanes too. Today, the #ev euphoria is dead, automakers are scaling back or delaying their electric vehicle plans all together, this is what I call getting car catfished. This is an electrical nightmare and I’ll explain how it happened and how we got here and where we're going. EV adoption and EV sales growth has slowed with market leader Tesla stalling in the first quarter of this year sales fell by 15.2% compared to Q4 last year and while Tesla's sales have gone down almost 10% versus just a year ago and profits have followed suit being cut in roughly half the alarms are ringing. Why are EV sales down for Tesla and other automakers? Thanks for watching! ** Go to our partner https://trymintmobile.com/laurenfix to get premium wireless for as low as $15 a month. Special offer: New customers can get any plan for $15/month. New activation and upfront payment of $45 for 3 mo. service required. Taxes & fees extra. Unlimited plans using more than 40GB/mo. will experience lower speeds with video streams at ~480p. Restrictions apply. See trymintmobile.com for more details. ** ➡️ Looking for more automotive news? Go to our second channel:    / @car-smarts   ➡️ Buy me a cup of coffee: https://www.buymeacoffee.com/laurenfix ➡️ Listen to the Total Car Score Podcast with Lauren Fix, Karl Brauer, and Javier Mota on all platforms: https://www.revolverpodcasts.com/show... ➡️ Social media: Twitter or X:   / laurenfix   FB:   / lauren.fix.the.car.coach   Instagram:   / laurenfix   Gettr: https://gettr.com/user/laurenfix Rumble: https://rumble.com/c/c-625957 Gab: https://gab.com/LaurenFix Truth Social: https://truthsocial.com/@laurenfix Substack: https://carcoachreports.substack.com/ ➡️ Check out our website for more content in English and Spanish: https://www.CarCoachReports.com ➡️ Free Monthly Newsletter - Auto News, Car Reviews & Saving Secrets: https://carcoachreports.com ➡️ Get My Book: Lauren Fix's Guide to Loving Your Car: https://amzn.to/3ifDi3j SUPPORT INDEPENDENT CREATORS The Fix Family has taken generations of passion, pride, & automotive expertise to create unique auto products & books that will keep you, your family, & your cars safer and running better for years to come. Music License: Epidemic Sound ©Automotive Aspects, Inc., 2024. All Rights Reserved. #byd #tesla #hertz #mercedes #ford #electriccars #silverado #nissan #truck #prius 00:00 Electric Cars Sitting UNSOLD 00:26 Tesla Rental EVs 01:05 What happened to EV 01:51 Tesla 03:10 Charging issues 03:54 Proof 04:58 big losses 09:54 #hybrid 11:15 #insurance