PLS 5.69% $3.16 pilbara minerals limited

The BAD news surrounding electric vehicle uptake continues, and...

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    The BAD news surrounding electric vehicle uptake continues, and therefore impacts upon lithium miners such as PLS and its supply chains.

    FIAT attempted to persuade the UK Government to [stupidly] waste more tax payer money on EV "incentives" a few months ago.

    https://hotcopper.com.au/data/attachments/6319/6319777-f10b1ef22a825ff4bfc7b4b57bd0f1e6.jpg

    Luckily for the UK tax payer, common sense prevailed, and good money is not being thrown after bad money.



    Now, FIAT is reintroducing a petrol variant of an EV.


    https://hotcopper.com.au/data/attachments/6319/6319779-806e9c3bfe254fbef81ac0a9f5a62d69.jpg

    Q) With the crippling cost of living these days, which "young" people in fairly land can afford a rapidly depreciating EV right now?
    A) Only those with more money than common sense.

    So much for the electric revolution.

 
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