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The Media Is Still Running Cover for the Fake EV Industry Built on Handouts

Driving the news: Axios just ran a story bragging that “EV sales smashed records” in Q3.

In the next sentence, reporter Ben Geman admits why: buyers rushed to cash in on the $7,500 federal handout before it expired Sept. 30.

Reality check: That’s not a market win. It’s a taxpayer-funded clearance sale.

Why it matters: The corporate press keeps pretending government-funded hype equals real demand. But this “EV boom” isn’t innovation, it’s inflation, bought and paid for by the working class.

The spin: Geman calls it a “much-hyped rush” and somehow treats it as momentum instead of proof the industry can’t survive without subsidies. When Washington bribes buyers with thousands of dollars, of course sales spike, for about five minutes.

The game:

  • Take money from working families.
  • Hand it to upper-income luxury buyers.
  • Call it “climate progress.”
  • Then act surprised when the bubble bursts.

Between the lines: Even Axios’ own data show Tesla losing share, automakers flailing, and uncertainty ahead, yet the headline reads like a victory lap.

  • That’s not journalism. It’s PR for a collapsing experiment.

The big picture: If EVs were truly affordable and reliable, they wouldn’t need bailouts disguised as tax credits.

  • The $7,500 “credit” was never about consumers. It was about making elites feel good about their garage choices.

Zoom out: The world is tapping their brakes, too. Canada, the UK, the EU, China, and Japan have also dampened their commitments and incentives, according to the WSJ.

What’s next: The subsidy sugar high is over. Now we’ll see what “real” demand looks like. Spoiler: it won’t be pretty.

Our view: Fake demand isn’t progress. It’s propaganda. Thankfully, the adults are back in charge, rooting out the waste and ending the green grift.

Bottom line: The best way for Axios to save readers time?

Stop reading Axios. How’s that for brevity?

October 15, 2025