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There is a nearly forgotten figure i.e.Vance, the deputy... Vance is backed by Thiel. Shall lawsuit against Trump continues, according to news analyst, there is a probability Vance will take over to become possibly the youngest president of USA. It is a trend started by world organization (?) to let the excellent old pioneers retire earlier, and replaced by ambitious, energetic, vocal youth. It aims tentatively to make up for existing generation gap, is it not? For examples, let youth have a voice in the parliaments, appoint young chancellors, young presidents in Europe etc... Or, for easier to be influenced and controlled? Will Elon be the deputy shall Vance take over? Uncertain. Therefore, Elon bought Trump? Unlikely. The situation has not been cleared up totally yet. But Trump has backing too. According to newsletter, two of the advisors for Trump are experienced personnel in trade and manufacturing industry. It is said that old American system in manufacturing field would be revived. Countries are welcomed to do business with United States but only if they set up factories in USA. This action is expected to a) bring back outflow investment fund due to globalization; b) create jobs within United States c) increase salary of Americans or something like that Bitcoin has increased in price to reach usd$ 82,000++ few days ago. Those who purchased at Bank of Goldman Sachs, will make a fortune. Tesla received bitcoin as payment to EV purchased once upon a time. Not sure if it still does. ~ 3.5 coins for Tesla model 3 at current price. Who is for it?? Tesla gains from share and may be not so profitable to receive bitcoin payment for a car? Unless, Goldman Sachs is where Elon has purchased the coins from......

Your thesis has a basic problem...EVs are faltering.

Dream on....EVs are a niche market at best.

You have never heard of two words, "business cycle". High interest rates have finally put the bite on American economic growth, as well as world growth, so we would expect some deflationary impact on energy prices.

Oil is still being consumed at around 103mmb per day. Hasn't changed. Of course more oil online now oil will drop. Been predicted for over 3 weeks now. Eat your Humble Pie and STFU. The lower oil goes and more comes online the less we consumers pay at the pump and if gas hits and stays 2.50 a gallon, no need for electric cars but for those "believers".

You seem to miss your usual quotient of reality again...congrats. The shutdown is entirely due to the windfall tax of the UK government. Oil and gasoline is doing fine. I guess you are still a sore loser over the recent election? That figures.

Yes, Shell sold their share of the project but the project will still go forward. They clearly expect it to be profitable. You really need to read the articles. "Shell will sell its 80% stake in the 1.25 GW MunmuBaram project in South Korea to its JV partner Hexicon, leaving the latter with a 100% stake in the project, Shell said. The compensation to Shell for the remaining stake in the project will be $5 million in cash, plus another $50 million in the form of a profit-sharing agreement spread over three years, commencing when the project starts"

No, Ev's are not down, they are growing slower same as your coal. Yet.... You are the one who posted this. "the company sees EV sales growing from 6.4 million in 2021 to 33 million in 2030, good for a healthy compounded annual growth rate of about 20%."

Same article: "Exxon Mobil sees global oil demand peaking in just a decade" "The energy company has projected that renewables and nuclear will record strong growth through 2050, contributing around 70% of incremental energy supplies." "Exxon has predicted there will be 920 million plug-in hybrids, battery electric, or fuel cell vehicles on the roads in 2050, good for 44% of the global fleet. In the near term, the company sees EV sales growing from 6.4 million in 2021 to 33 million in 2030, good for a healthy compounded annual growth rate of about 20%." The bloody oil company says 20% compounded annual growth of EV sales! Keep posting the pro green energy news. You really need to read the articles before you link Eco.

Sales decline is not like they returned the cars silly, they still sold cars which is growth just like your coal. Both grew, you are the one confused. Do I need to give a lecture on the difference between a function, its derivative, and its second derivative? f(x), f(x)', f(x)'' One is the absolute change, one is the rate of change, the last is rate of change of the rate of change. You clearly do not understand.

These guys keep saying that the green revolution is already over, yet continue to notice that is is not over. "Signals an end" means he knows it is not over.

But it is a huge reduction in the rate of growth. From +100 to +57 in one year, project that forward. If you use a fixed fraction of 0.57 of the previous year you get (100, 57, 32.5, 18.5). If you use a fixed reduction of demand in tonnage, -43 million tons, you get (100, 57, 14, -29). So from any of those, or your numbers, you can forecast the death of coal. Not that anybody needs math to predict the death of coal, there are plenty of examples of near abandoned towns due to the closure of the local coal mine. The gold rush ended and so has the coal rush.

Excess inventories lead to fire sales, not the reverse. Can you not understand how excess inventory lowers prices?

Welcome to the cold war? Newsflash that started, and then was greatly deescalated, a long time ago.

They increased his power... "promoted" is a better term than "flushed out."

Fun fact, 50% of nations are always above average and 50% below. Looking at percentage of GDP can be a poor metric. Countries with very large GDP will spend more and come in lower on the percentage front. Post total spending for an alternate view. USA spending militarily spending is just nuts. They are spending more then the agreed to 2%, and have a large GDP; and yet they can barely barely can pass domestic spending bills due too debt ceilings.

There is no need to prattle on about something that is over. If people have already dollar voted why not STFU? Who are you trying to convince and why? Democracy works based on the voters opinions, not the politicians. You seem concerned that the voters might not punish "green" politicians. Hmm why? Perhaps you know the public opinion doesn't match your delusions? Furthermore, why would an assault on the average American bother you? Are you average or below average? Elite intellectuals generally do not care about the average person, in fact they tend to exploit them (think CEO versus Wage Slave). I'm sorry if you find yourself on the wrong side of the curve. Taylor Swift will crush your hopes and dreams. Enjoy the show.

When telling people about your knowledge of economics try to spell currency correctly (you wrote currently). Do you understand that purchasing government surplus (the police car) on the cheap is a form of tax funded subsidy?

Why do you guys continue to carry on about something you claim is over? Are you trying to convince us or yourself? Do you just want a upvote from the one or two other remaining losers here as some sort of validation? You and EWS could just start a direct message thread and do a virtual dutch rudder. Personally, I wouldn't waste my keystrokes here if I was certain something was happening. I would be on the market shorting every green energy stock. You, of course, are not shorting any green energy or EV stocks because you have no faith in your statements. If you and eyes shut are so certain the green revolution is over go put all your money where your mouth is. Sadly, you guys probably have little to no money speak with. After all we know how your year-end oil price prediction worked out... P.S. The Titanic that sunk ran off fossil fuels, it's captain stupidly drove full steam ahead into oblivion. A green energy sailboat would have avoided the iceberg.

Why would they still be "attempting" to build a new EV factory in Mexico if they thought climate change concerns have "ended?" Tomorrow you will wake up and the revolution will still be continuing. Enjoy!

Oh really? It has ended you say. Wake up tomorrow and look around and see your error, reality will go on despite your fantasies. The upside you get a free crow breakfast. You should stick to "someday soon the drama will unfold" garbage. Claims about the current situation are easily testable and you will be found wrong nearly immediately. Tomorrow the energy transition will still be happening; no need to wait around for the drama required - you're wrong.

The group has $68 trillion. JP Morgan can screw off and the group will continue just fine. JP Morgan, however, may lose investors who value the environment. Just in case you don't understand (very likely), JP Morgan is not taking the 68 trillion with them.

Everyone do the math yourself on this "rapidly" growing demand and see how wrong Ecocharger is. Ecocharger is nice in that he always posts links with data that is contrary to his opinion. What he calls rapid growth is shit and he posted the numbers himself. When a snake tells you he is a snake listen. When a moron posts numbers himself that shows he is an idiot listen.

Wait so 2022 to 2045 it will go from 99.6 to 116? Hahaha! 16% growth in 23 years? Too funny, you do your investments I will do mine. 16% in 23 years...

I said he could pick one. If you think EV's are DOA then never complain about the strain they will cause the grid, rare mineral demand, financial impacts, taxes. Those things only happen if EV's are widespread adopted. If you honesty think EV's are DOA you have nothing to worry or complain about. Tax incentives only work if people take up the option, you clearly think no one will take up the option so nothing to worry about! The more you bitch about EV's the more you acknowledge they are here to stay. Simple.

Once again you attempt to hide the full story. "Abandoning expansion plans due to energy transition." Oil industry expansion plans were cut due to energy transition and you talk the about end of EV's. Totally backwards as usual. The Saudi energy minister of all people admits the energy transition is occurring.... "Saudi Arabia’s decision to abandon the expansion plans is a result of the energy transition, Saudi Energy Minister, Prince Abdulaziz bin Salman, said earlier this week."

That rapid EV adoption you claim is not happening is now a concern? If the electric transition is not occurring you have nothing to worry about. Pick One: "the electric transition has failed" - OR - "the ongoing electric transition is a risk to us."

There is no downward trend, it is slower growth, which is still upwards. Your link even mentions record highs, only you would twist "record-highs" to "downwards trajectory." Also from your link "Bloomberg: EV sales are rising so rapidly that they were threatening two industries that have traditionally been at odds with each other. The oil industry has been against higher blending mandates because more ethanol in the gasoline means less gasoline in the tank, and this is not in their interest. Big Oil has essentially made a U-turn, presumably in order to counter the rise of electric vehicles. [] It also, in a way, goes against its own customers by potentially making their life even more expensive. Biofuel crops require large amounts of land to grow on. This land would otherwise be used for food crops. Thus, one of the main arguments against biofuels as an alternative to gasoline is that more biofuel production means higher food prices." So to summarize that link "big oil is afraid." So afraid they are willing to make gas contain less actual gas, would they be doing that if they thought their future was bright? No.

Once again you fail to write your own words.

I said try not to post some trash, "use your own words." You can't form sentences? Explain Tesla's massive gains. Any theory you have has to include that. I don't care about some Hyundai opinion poll. First off Hyundai makes crap, second it's a poll not real numbers. Tesla's share price reflects actual dollar voting and a strong sign of real investor confidence. Lots of people are buying in with real money which speaks way louder than a silly poll.

Try not to reference some trash, use your own words.

Do you think that fool article is some sort of authority? I asked you about the reality of the Tesla share price. Any economic theory you have must explain the huge increase in Tesla share price.

Remember when you bragged about how Ford had abandoned their plans to make the new factory fully EV? Look at Ford share Price: -1.23 (-9.98%)past 6 months +1.28 (13.03%)past year Total garbage compared to Tesla.

The EV sector is not what I asked you about. Explain how Tesla stock has risen so much. Massive increases. There is no way you can call that failing. +156.75 (91.19%)past 6 months +104.93 (46.90%)past year

The issue is the EV sector. Which is failing. "EV demand has been disappointing in 2024, and that has hurt deliveries and margins for companies across the sector. As stock prices fall, the financial options for these companies dwindle by the day." https://www.fool.com/investing/2024/10/07/electric-vehicle-stocks-are-tumbling-with-no-end-i/#:~:text=EVs come down to Earth,replaced by plug-in hybrids. Time for you to clean your reading glasses again.

The issue is the EV sector. Which is failing. "EV demand has been disappointing in 2024, and that has hurt deliveries and margins for companies across the sector. As stock prices fall, the financial options for these companies dwindle by the day." https://www.fool.com/investing/2024/10/07/electric-vehicle-stocks-are-tumbling-with-no-end-i/#:~:text=EVs come down to Earth,replaced by plug-in hybrids. Time for you to clean your reading glasses.

You seem to be confused about the capital markets again. https://www.fool.com/investing/2024/10/07/electric-vehicle-stocks-are-tumbling-with-no-end-i/#:~:text=EVs come down to Earth,replaced by plug-in hybrids. "EV demand has been disappointing in 2024, and that has hurt deliveries and margins for companies across the sector. As stock prices fall, the financial options for these companies dwindle by the day" "As all of this bad news flows through the market, it's becoming harder to see a path forward for companies that don't have a significant industry lead and aren't generating positive cash flow."

Someone is starting to learn. "Expected weakness" while the EV manufacturer is growing like crazy.

Explain Tesla's massive valuation.

Explain Telsa's massive success. They also sell energy products (panels, batteries). Math is math, kind of hard to not notice the accounting.

Not sore. While I despise Trump the fact Musk got control of the white house fits my green agenda. A good economist would know that the fact a pure EV/ green energy company has more than double the market capitalization of the manufacturer of the most popular ICE vehicle (Ford F150) is a market direction indicator.

It might not get very low, if OPEC can tweak its own output. Despite short-term expected weakness, a larger market for oil products is ultimately positive for the industry. https://oilprice.com/Energy/Crude-Oil/OPEC-Faces-Double-Trouble-China-Demand-Weakness-and-Trumps-Policies.html "China’s weak oil demand has already thrown OPEC+ off track in its supply-management policies. Trump's energy policies could create a new challenge for OPEC in 2025. Amidst further uncertainties about global oil supply and demand with President Trump, OPEC+ may have to tweak their production policy more often than they have intended." "The group now has to contend with some policies President-elect Trump has promised to introduce, including easier permitting for fossil fuel projects, import tariffs, and a more rigid stance toward Iran." "“While the incoming administration will hold a more favourable view towards the oil and gas industry, ultimately the potential for production growth is going to be largely dictated by price,” Warren Patterson, head of commodities strategy at ING, says. Amidst further uncertainties about global oil supply and demand with President Trump, OPEC+ may have to tweak their production policy more often than they have intended."

I guess you are still a sore loser over the recent election? That figures.