this post was submitted on 24 Jul 2024
-5 points (43.6% liked)

News

36043 readers
2791 users here now

Welcome to the News community!

Rules:

1. Be civil


Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.


2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.


Obvious biased sources will be removed at the mods’ discretion. Supporting links can be added in comments or posted separately but not to the post body. Sources may be checked for reliability using Wikipedia, MBFC, AdFontes, GroundNews, etc.


3. No bots, spam or self-promotion.


Only approved bots, which follow the guidelines for bots set by the instance, are allowed.


4. Post titles should be the same as the article used as source. Clickbait titles may be removed.


Posts which titles don’t match the source may be removed. If the site changed their headline, we may ask you to update the post title. Clickbait titles use hyperbolic language and do not accurately describe the article content. When necessary, post titles may be edited, clearly marked with [brackets], but may never be used to editorialize or comment on the content.


5. Only recent news is allowed.


Posts must be news from the most recent 30 days.


6. All posts must be news articles.


No opinion pieces, Listicles, editorials, videos, blogs, press releases, or celebrity gossip will be allowed. All posts will be judged on a case-by-case basis. Mods may use discretion to pre-approve videos or press releases from highly credible sources that provide unique, newsworthy content not available or possible in another format.


7. No duplicate posts.


If an article has already been posted, it will be removed. Different articles reporting on the same subject are permitted. If the post that matches your post is very old, we refer you to rule 5.


8. Misinformation is prohibited.


Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.


9. No link shorteners or news aggregators.


All posts must link to original article sources. You may include archival links in the post description. News aggregators such as Yahoo, Google, Hacker News, etc. should be avoided in favor of the original source link. Newswire services such as AP, Reuters, or AFP, are frequently republished and may be shared from other credible sources.


10. Don't copy entire article in your post body


For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 2 years ago
MODERATORS
 

JPMorgan Asset Management strategist Michael Cembalest had previously predicted that President Joe Biden would drop out from this year's presidential race in his list of "top 10 possible surprises for 2024" published in the company's Jan. 1 "Eye on the Market Outlook" report.

top 5 comments
sorted by: hot top controversial new old
[–] TheDemonBuer@lemmy.world 14 points 2 years ago (2 children)

US EV sales in Q1 fell 7.3% quarter-over-quarter to 269,000 as Tesla sales remained flat and demand for EVs cooled despite more models entering the market.

I think EV sales will improve once more affordable EVs, and EVs not named Tesla come on the market. Tesla has become such a polarizing brand, thanks to their CEO. If I were a Tesla shareholder, I would be pissed at him for that. Admittedly, there are many people who have very positive associations with Musk and Tesla, but many others have very negative associations with the Tesla brand. That's not ideal, for any brand. But, I think EVs are here to stay, even if Tesla's market dominance isn't, necessarily.

All that said, the government needs to do much more. More subsidies and much more investment in charging infrastructure.

[–] SeaJ@lemm.ee 5 points 2 years ago

and much more investment in charging infrastructure.

This one is now the key. The vast majority of complaints now revolve around usable charging infrastructure. The people who rely on fast chargers (we should be making it so those are unnecessary for 99.5% of times) are finding many of them either broken, have the cables clipped, or they don't charge at the rated speed. Two of those things can be fixed with proper maintenance and the cable clipping can be fixed with proper security. Honestly, we need to incentivize PUDs to setup fast chargers. That will make EVs more attractive in rural areas and eventually provide a new source of revenue.

[–] FlyingSquid@lemmy.world 2 points 2 years ago

Also, people just aren't buying new cars in general, and a used EV is a hell of a lot cheaper than a new one.

[–] HK65@sopuli.xyz 12 points 2 years ago (1 children)

Why are finance people 𝔱𝔥𝔢 𝔢𝔵𝔭𝔢𝔯𝔱𝔰 on everything from civil planning to military strategy?

[–] ghostdoggtv@lemmy.world 4 points 2 years ago

Capitalism is inherently authoritarian so the people with anything resembling financial information are treated oracles by people who only care about economic bottom lines. Profit prophets, as it were.