Remember Kam the Sham gushing over EV school buses ?
‘Who Doesn’t Love A Yellow School Bus?’: Kamala Harris Touts Investments In Electric School Buses - YouTube
She was speaking of an EV bus made by Proterra,
Clueless Joe gushed about the company. Their EV initiative was heavily subsidized. He "virtually " visited the plant in my adopted town of Greenville SC .He appointed the CEO Gareth Joyce to serve as a member of the President’s Export Council.
Biden virtually visits local electric bus manufacturer in Greenville (greenvilleonline.com)
Proterra CEO Gareth Joyce Appointed By President Biden To The President’s Export Council | Proterra
He praised Joyce for "growing Proterra’s EV battery manufacturing footprint in the United States and accelerating the transition of transit and other commercial vehicles to zero emission solutions."
Well Clueless is on the road touting "Bidenonics" . He just got hit with some bad news.
Proterra filed for bankruptcy Monday.
The company's stock was $17 a share when it went public. Yesterday you could buy a share for 17 cents. The company had an accumulated deficit of $1.1 billion by the end of 2022 even though it generated $749.2 million in revenue in that time selling about 1,000 EV buses.
The company will be reorganized; separated to its various components. It will concentrate on battery manufacturing even though buses were its biggest selling point.
Proterra, Bay Area-based 'Tesla of electric buses,' goes bankrupt (sfgate.com)
I don't want to cause no fuss (Too much, Magic Bus)
But can I buy your Magic Bus? (Too much, Magic Bus)
Nooooooooo!
I don't care how much I pay (Too much, Magic Bus)
I wanna drive my bus to my baby each day (Too much, Magic Bus)
I want it, I want it, I want it, I want it ... (You can't have it!)
( Pete Townshend)