BREAKING: FORD JUST KILLED THE EV NARRATIVE They burned $30 billion chasing electric dreams. Today they wrote off $19.5 billion and buried their flagship Lightning. The stock rose 2%. Read that again. Wall Street rewarded surrender. This is not a pivot. This is a confession. The entire premise of the “inevitable EV transition” rested on one assumption: permanent government subsidies would bridge the gap until technology caught up. The subsidies are dying. The gap never closed. THE NUMBERS THEY BURIED Ford’s EV division hemorrhaged $5 billion annually. The Lightning sold below projections every single quarter. Their solution: put combustion engines back into “electric” trucks and call it innovation. THE SIGNAL When the second largest American automaker abandons its EV flagship and the market celebrates, something fundamental has broken. ...