Detroit automakers lose $50 billion as EV bubble bursts

Name: Detroit automakers lose $50 billion as EV bubble bursts
Uploaded: 2026-02-19T22:29:28Z
Duration: 27 s
Description: Larry Kudlow references a Wall Street Journal report detailing a $50 billion loss for Detroit automakers following the bursting of the electric vehicle (EV) bubble. Phil Kerpen explains that these losses resulted from automakers designing vehicles to satisfy political agendas rather than genuine consumer demand, leading to an unsustainable business model without significant taxpayer subsidies.

Kudlow · FBN · Feb 19, 2026 · 27s

Sign Up Now

Already a subscriber?

Larry Kudlow references a Wall Street Journal report detailing a $50 billion loss for Detroit automakers following the bursting of the electric vehicle (EV) bubble. Phil Kerpen explains that these losses resulted from automakers designing vehicles to satisfy political agendas rather than genuine consumer demand, leading to an unsustainable business model without significant taxpayer subsidies.