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At the beginning of March, the CEO of ChargePoint rang the opening bell at the New York Stock Exchange as it became the first publicly traded global electric vehicle charging network.
CEO Pasquale Romano told Forbes that he expected big things from the Biden Administration for the electric car business. He wasn’t alone. Investors had been pouring money into the green energy business ever since Biden was expected to take over running the United States.
Investors were waiting for the Biden Administration to go ahead with its push for 500,000 EV charging stations, and they were not disappointed. Biden’s so-called ‘American Jobs Plan’, despite its name, a series of hyperspending giveaways to China and special interests, called for those 500,000 charging stations, and ChargePoint’s stock, as expected, shot up on the news.
ChargePoint already controls as much as 70% of the EV charging market and is the likeliest beneficiary from Biden’s push to have taxpayers, many of them working-class and middle-class, subsidize wealthy Tesla and luxury electric SUV owners, with convenient charging stations for their urban and suburban lifestyles.
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They’re Trying to Shut Us Down
Over the last several months, I’ve lost count of how many times the powers-that-be have tried to shut us down. They’ve sent hackers at us, forcing us to take extreme measures on web security. They sent attorneys after us, but thankfully we’re not easily intimidated by baseless accusations or threats. They’ve even gone so far as to make physical threats. Those can actually be a bit worrisome but Remington has me covered.
For us to continue to deliver the truth that Americans need to read and hear, we ask you, our amazing audience, for financial assistance. We have a Giving Fuel page to help us pay the bills. It’s brand new so don’t be discouraged by the lack of donations there. It’s a funny reality that the fewer the donations that have been made, the less likely people are willing to donate to it. One would think this is counterintuitive, but sometimes people are skeptical because they think that perhaps there’s a reason others haven’t been donating. In our situation, we’re just getting started so please don’t be shy if you have the means to help.
Thank you and God bless!
JD Rucker