It looks like 2024 is definitely not the year to be an electric vehicle manufacturer. With companies and consumers finally getting tired of having EVs pushed on them by top-down government policies, the demand is now lower than ever. As reported Wednesday in Fortune, the artificial increase in the demand for EVs is resulting in severe financial consequences for EV manufacturers. According to Fortune, Tesla’s price cuts on their EVs are rippling throughout the whole market, with car leasing companies getting the brunt of it. These consequences are being felt most by leasing companies in Europe,…
