Rivan and its shareholders are bleeding money…so are Illinois taxpayers – Wirepoints on with WJOL’s Scott Slocum

Ted joined Scott Slocum to talk about Gov. Pritzker’s cynical reasons for ending the grocery tax, why Rivian proves its a bad idea for government to choose winners and losers, the continuing troubles of the EV industry, and the property tax sticker shock awaiting Cook County homeowners.

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Daskoterzar
2 years ago

Yep, another EV company biting the dust. But hey, the tax payers “just don’t understand”. So, when the free market tells them it doesn’t work…they take tax dollars and spend even more on Buses that don’t work. Good idea…schmucks.

Freddy
2 years ago

Here’s another EV company going downhill faster than a boulder.
https://www.yahoo.com/tech/ev-startup-fisker-slides-cash-105547050.html

David F
2 years ago

There’s pretty much nothing good about electric vehicles especially the manufacture and disposal of batteries.

Hello, Indiana!
2 years ago
Reply to  David F

The Chinese would disagree.

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Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades

Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.

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