Wanna-Be Wipeout

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It’s true, Tesla is worth a little less than half its peak value, but that’s a positive superstar compared to the rest of the electric vehicle space. It’s quite evident now that everyone with a battery and four wheels figured they could suck the government teat by way of the failed Build Back Better program, and it’s been a total wipeout (mostly by way of SPAC frauds) with losses from 80% to 99%. Behold the EV space, and as always, shield your eyes, Frank: