Electric vehicles are 'direct wealth transfer' from owners of gas-powered vehicles to EV owners, experts say [FOX Business Network]
Tesla, Inc. (TSLA)
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Source: FOX Business Network
Energy experts are warning about numerous potential issues for electric vehicles, including affordability, range, weather, infrastructure and economic concerns, even as the government and car companies increasingly push them on Americans. Bryan Dean Wright, former CIA operations officer and host of the podcast "The Wright Report," told Fox News Digital that American society has shifted to EVs largely because some people are "just so hellbent on making sure that this transition happens, even if that means wrecking the economy, in terms of electricity, its reliability, the grid, getting brownouts or blackouts or economic wreckage by people who otherwise can't afford these new vehicles." "That cost is being shouldered by buyers and car companies by raising the price of gas-powered vehicles, [which] is basically just a direct wealth transfer, just paying for EV subsidies and that will grow over time, if we continue to keep this regime in place," Brent Bennett, a policy director for L
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