Government Subsidies Killed the EV Industry

Source: Town Hall
by Stephen Moore

“Here’s a depressing but all too predictable headline from The Wall Street Journal last week: ‘Detroit’s EV Pullback Is Costing $50 Billion.’ Yikes! That’s a lot of money for the American auto industry to lose. Once again, we have confirmation of an iron law of economics: If you want to kill an industry, subsidize it.” (02/24/26)

https://townhall.com/columnists/stephenmoore/2026/02/24/government-subsidies-killed-the-ev-industry-n2671818