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John Goreham    July 6, 2022 - 10:30AM

In reply to by Russell Kennedy (not verified)

A market for anything consists of both buyers and sellers. Products offered and products sought. Our nation's long-standing history of oversupply has conditioned us to think of a "market" as demand-side-only. That was never true and is not now. The affordable EV crossover market in the US is collapsing due to lack of supply. Which has unresolved shortages of primary materials, shows no signs of abating, and which Elon Musk warned of in June. Semiconductors (often pointed to as the source of all car production constraints) are not the problem. The story makes that pretty clear. Thanks, Russell.

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