IIRC Tesla was losing money for 17 years before becoming profitable.
They lost money on each one, but made it up in volume. 
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But they, or their surrogates, see green chutes (or shootists), just over the horizon. 
Not to worry, Siemens is asking the “green government”;to increase the taxpayer paid subsidies.
The wind power giant made headlines earlier this year, when it scrapped its profit forecast and warned that major setbacks at wind turbine subsidiary Siemens Gamesa could drag on for years.
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Rental car company Hertz once envisioned itself as the ultimate EV broker, doling out battery-powered vehicles to business travelers, ridehail drivers, and tech newbies in an ambitious plan to grease the wheels for the EV revolution. The company inked agreements with Tesla and Polestar to buy nearly 200,000 EVs. Tesla’s valuation topped $1 trillion on the news.
But like many other aspects of the EV switch, that plan is running into some headwinds. This week, Hertz said it was tapping the brakes on its EV rollout, citing the plummeting resale value of its EVs and the high cost of repair.
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Get woke, go broke, for Ford shareholders.
- Ford stock is trading sharply down after the automaker reported earnings that fell short of estimates.
- While Ford was the first of the Detroit automakers to reach a tentative deal with the UAW, the new contract will raise Ford’s already-high costs if ratified.
- Ford is also delaying $12 billion in investments on EV production as demand isn’t what it expected.
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Not sure whether this was already posted here. Feel free to delete if it’s redundant…
And the cancellation could have repercussions…
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Wind projects are being canceled all over the world because of increased cost. Biden’s handlers and governments around the world will just dig into the taxpayers pockets to pay more.
But obviously the cost is going up because of the growing demand since it’s such a great idea!
I initially said that sarcastically, but it is kinda true - except that the “growing demand” is from governments jumping on the bandwagon and throwing more free money at it, not any sort of organic demand. I’m fairly certain that only a very small handful of people actually care if any of these project are ever completed, they’re just soaking up the funding.
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Good old American know-how. This, despite Biden’s handlers doing everything they can to shut down oil extraction in the United States.
Edit. Despite the increased production
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The NRC thinks it is their job to stop, slow down, and in general make nuclear power more expensive. The House Republican majority is trying to do something to reverse this.
Edit. An example
The magazine cited the certification process for NuScale’s VOYGR—which is the only advanced reactor design to receive certification from the U.S. Nuclear Regulatory Commission.
It took seven years to complete and cost NuScale $500 million. The original application alone was 12,000 pages and 2 million pages of regulatory audits. This is in addition to a pre-application process that took nearly 10 years to complete.
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The Danish company said Tuesday night it is scrapping its Ocean Wind I and II projects off the coast of southern New Jersey due to problems with supply chains, higher interest rates, and a failure to obtain the amount of tax credits the company wanted.
Yeah, I think the order of importance is reversed.
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There goes your example:
Ars pushing the “green energy” agenda (/sarcasm?):
If that is indeed true, then even small nuclear (which even I support) is in trouble unless the government backs off and makes it cheaper and faster to approve these projects. It’s not clear if that’ll be enough though.
Yet large projects are being abandoned left and right due to overly inflated costs?
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Me thinks at the start of the project the costs were too optimistically low. As time went by, the true costs began to be disclosed.
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I think the rent seeking “green” energy developers are pushing for more subsidies from the government. The inflation resumption act, IRA, authorizes $trillions for subsidies to intermittent, expensive energy projects like wind and solar.
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It looks like this may cause the power to go down in DC so that’s a positive development.
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Sadly, it shouldn’t affect Pelosi, as I’m sure she has lots of wind turbines and solar cells on her compound/estate. Well, unless her husband is allowed to drive near them. 
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China is behaving rationally. They use resources available to them to provide needed power.
- China’s coal output increased 9% to 4.5 billion tons last year.
- China approved more than 50 gigawatts of new coal power in the first half of 2023.
- The global energy crisis brought by Russia’s war in Ukraine has triggered a coal ‘spring’ in Europe.
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Amazing, some rationality from the climate cult
Net Zero “Needs Nuclear Power,” IAEA Says in Landmark Statement Backed by Dozens of Countries at COP28
The world needs nuclear power to fight climate change and action should be taken to expand the use of this clean energy source and help build “a low carbon bridge” to the future, the International Atomic Energy Agency (IAEA) said in a landmark statement supported by dozens of countries at COP28 today.
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