So, these automakers – Ford, GM, Stellantis – they’re taking billions in charges. Billions! And everyone’s acting surprised. It’s like, you build something nobody asked for, and then… people don’t buy it? Groundbreaking stuff. I mean, seriously, the arrogance. They were all in on electric vehicles, before anyone actually needed an electric vehicle. It’s like deciding everyone needs a monocle. You just… assume? It’s infuriating.
Decades ago, the Japanese came in with these little fuel-efficient cars. And Detroit? They ignored it. Completely. Said it was a fad. A fad! Now they’re doing the same thing. Only this time, it’s with batteries and charging stations. And the charges? Oh, the charges. It’s not the money, it’s the principle of the thing. They just throw money at problems instead of, I don’t know, asking people what they want.
Stellantis, they’re leading the charge, naturally. Twenty-six billion dollars. Canceled programs, supply chain adjustments… It’s a whole production. They even ended a battery joint venture. A joint venture! You start a thing, invest a fortune, then just…stop? What is that? It’s like ordering a pizza with extra cheese, then calling the delivery guy and saying, “Actually, no cheese.”
Ford, they canceled the F-150 Lightning. The electric pickup. Apparently, it wasn’t…popular enough. You’d think a pickup truck, electric or not, would be a safe bet. But no. They had to overthink it. They had to add features nobody asked for. It’s always the unnecessary bells and whistles. And now we pay the price. Twenty-point-nine billion dollars. Just…gone.
General Motors, they’re spreading the pain around. A little here, a little there. Canceling vans, converting plants… It’s like they’re trying to make it look less bad. Like, “Oh, it’s not that much money. We’re just…reallocating resources.” Reallocating to where? The Bermuda Triangle? And the BrightDrop van? A commercial van! Who doesn’t need a commercial van? Apparently, GM. They decided gasoline-powered trucks were a better idea. It’s… baffling.
Look, I’m not saying these companies are doomed. They’re just… frustrating. They’re stuck in this cycle of overconfidence and bad decisions. And the investors? We’re just along for the ride. A very expensive ride. But here’s the thing: they’re finally starting to listen. Maybe. A little. It’s a start. But don’t expect miracles. They’ll probably just find a new way to mess things up. It’s what they do.
The silver lining, if you can call it that, is that they’re aware they messed up. Which, frankly, is a low bar. But at least they’re not still pretending everything’s fine. And that, in this world of corporate delusion, is a victory. A small, insignificant victory. But a victory nonetheless. Now, if you’ll excuse me, I need to go yell at a cloud. It’s the only way to maintain my sanity.
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2026-03-05 20:54