How Car Makers Are Switching To EVs | CNBC Marathon

CNBC Marathon explores how Tesla, Rivian and Dodge’s new electric vehicles are transforming the automotive industry.
Over the past decade, Dodge has dug deep into its performance car heritage and become a brand known for brash American muscle cars with supercharged V-8 engines and ridiculous amounts of horsepower. But tightening regulations, rising fuel prices and the rise of the SUV are putting the squeeze on Dodge's so-called “brotherhood of muscle.” It recently debuted the Charger Daytona SRT EV, an electric car that looks a lot like its popular supercharged Challenger and Charger. Will Dodge fans or EV buyers want it?
Five years after Elon Musk first announced the Tesla Semi, it’s finally hitting roads. CNBC visited Pepsi’s Frito-Lay facility in Modesto, California, where it is using the new electric trucks, to see whether the Semis live up to the hype.
A new electric vehicle company hopes to take on Tesla with its outdoor adventure trucks and SUVs. And its deal with Amazon to build 100,000 electric delivery vans could help it succeed. Founded in 2009, Rivian is focusing on upscale electric trucks and SUVs with an emphasis on outdoor adventure. CNBC's John Rosevear calls them the "Patagonia of electric vehicles." Last month, Rivian and Amazon rolled out the first of the electric vans. They are starting to deliver packages in a handful of cities, including Seattle, Baltimore, Chicago and Phoenix.
After manufacturing's 40-year cycle of decline in the U.S., officials in Washington are trying to bring it back. This move could be a boom or bust for huge swaths of the American Midwest. This region once dominated the auto industry before rising global trade and automation sent domestic manufacturing employment into a tailspin. U.S. leaders hope that new laws such as the Inflation Reduction Act of 2022 will help businesses create the green manufacturing jobs of the future.
Chapters:
00:00 - Introduction
00:48 - Will Dodge’s Electric Muscle Car Satisfy Its Die-Hard Fans? (Published October 2022)
15:31 - Does The Tesla Semi Live Up To The Hype? (Published February 2023)
31:33 - How Amazon Is Giving Rivian An Edge In The EV Industry (Published August 2022)
44:50 - How Electric Vehicles Will Change The Midwest Economy (Published September 2022)
» Subscribe to CNBC: cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: cnb.cx/SubscribeCNBCtelevision
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Connect with CNBC News Online
Get the latest news: www.cnbc.com/
Follow CNBC on LinkedIn: cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: cnb.cx/LikeCNBC
Follow CNBC News on Twitter: cnb.cx/FollowCNBC
Follow CNBC News on Instagram: cnb.cx/InstagramCNBC
#CNBC
How Car Makers Are Switching To EVs | CNBC Marathon

[@freakytito9628]

Why using a 2010 model S in the thumbnail? Think we don't know? 🤣

[@tlister67]

Guy with a hanger full of old cars taking about being practical🤣

[@homeboy391]

lol

[@thewonderfulwizardoftheweb1053]

If you’re practical long enough you end up with a lot of money to spend

[@macmcleod1188]

First they laugh at you, then they attack you, then they join you.

[@MeaHeaR]

Elizabeth

[@LaJuanHughes]

Just like superchargers

[@sew_gal7340]

the attacking part is the roughest

[@LaJuanHughes]

@@sew_gal7340 but with they attack you. You know your are doing something right.

[@brpixels]

Nobody is attacking EV owners. You don't see some random tesla getting vandalized. All people ask is to have choice as to what they want to buy for their own lifestyle , without being forcefully shoved down their gullet. EV's are good , but let live some of us who like ICE cars.

[@BryceLovesTech]

Great thumbnail. I have a 2013 Tesla model S with 162,000 miles on the original battery. Best car I’ve ever owned. By the way, I consider my old Tesla is a American muscle car, made in the USA and 450hp.

[@misterfunnybones]

They featured zero examples of the stock Model S vehicles defeating everyone at the local dragstrip. I love some of those early Tesla vehicles that trolled the hotrod crowd; some were suffering from damaged ego because their gas-guzzling vehicles are inextricably linked to their self esteem.

[@Pieman62295]

how is the battery aging? I'm curious how much of the original capacity it still has after ten years.

[@user-de4jk8vj4c]

Don't buy anything this liar is saying or selling.

[@misterfunnybones]

@@Pieman62295 there are plenty of people documenting battery degradation & it's definitely an issue long term; all vehicles are money pits that wear out. If you compare gas savings & low maintenance of an EV to an ICE, it's basically a wash long term: the EV will be cheaper until you have to replace the battery, at that point it'll cost more to repair than the car is worth, similar to any major mechanical work on an ICE drivetrain.

[@Tokamak3.1415]

@@Pieman62295 Just like an ICE losing compression as it ages BEVs will lose capacity as individual cells fail and get dropped from the pack voltage/capacity. It just shortens the range and possible the acceleration but it's still will operate like new. A battery failure is a lot less likely than an engine failure but it is just as catastrophic. But it's a lot easier to test batteries mounted to motors before they leave the factory than engines mated to transmissions.

[@savagefpv1043]

There are a lot of us Tesla owners who bought the car not to be green or save money. We bought them for their sheer performance. The instant torque of these cars are hard to convey to a Dodge gearheads. They really just have to drive one on the track to experience it.

[@MeaHeaR]

OKaàý Bôõméř

[@snookmeister55]

Speed and quickness without the noise. Some prefer noise.

[@JohnSmith-pn2vl]

ice cars are slow@@snookmeister55

[@phillyphil1513]

re: "There are a lot of us Tesla owners who bought the car not to be green or save money." the fire ravaged residents of Maui, Quebec, and Greece thank you for your selflessness, concern, and empathy.

[@savagefpv1043]

@@phillyphil1513 not sure what you are getting at but please go find your empathy elsewhere. We are discussing the adaptation of electric cars and you are discussing hugging trees.

[@MSIContent]

Reporters must have missed the recent reports showing that the Tesla Semi is out performing expectations and is basically killing it. 1600 miles in 48 hours - loaded with Soda…

[@89five3five]

That video was from earlier this year.

[@markmeridian3360]

That's actually not very good. A long haul diesel semi has a 1000 mile range on a single tank and takes about 20 minutes to fill up. With multiple drivers ( a common thing in long distance trucking), a diesel can go over 2500 miles in 48 hours.

[@doittoit00]

@@markmeridian3360 I think the way Pepsi uses the trucks they wouldn’t go 2000+ miles in 48 hours. For long haul team drivers you are absolutely right. For solo drivers I think they are ok, not great. As the batteries get better the ability to work for long haul will get better. But a vast majority of trucks drive under 400 miles per day. These would be fantastic for container drayage.

[@Neojhun]

@@markmeridian3360Long Haul trucking is just the wrong use for BEV Semi Trucks and it's not end all be all of the truck industry. Day Cabs is a massive proportion of the industry and way more demand than any BEV truck maker can currently supply.

[@markmeridian3360]

@@doittoit00 The Tesla semi is a scam. Current EV batteries are good for 600-800 full charge/discharge cycles before they start to significantly degrade. In an EV car that charges once per week (~15,000 miles per year) that's pretty good, the battery will last ~15 years. If you only partially charge the battery and partially discharge it they will last even longer (something like a 10 - 80 percent cycle). In a semi that has to fully charge once per day the batteries will last only ~3 years. If you only charge/discharge 70%, the range drops from 500 to 350 miles (on a perfect day). Since the battery costs $200,000 or more to replace full charge/discharge cycles are a non-starter so the claimed range is a scam.

[@anthonycicchetti7620]

EVER NOTICE how CNBC almost always shows OLDER TESLAS during their broadcasts?? Look at this thumbnail, it is a (2012-to-2015)-(version of the model-S), ANYONE THINK THAT IS ON PURPOSE?? Pay attention. 👀

[@kenbob1071]

Yeah, that's the first thing I noticed. They use of a photo that's over a decade old in a video about the future of EVs. CNBC is totally biased against Tesla. They also didn't bother mentioning Tesla's biggest selling, most proven EVs, but instead focused on their relatively unproven semi b/c it's easier to bash and spread doubt than Tesla's proven EV cars.

[@thegrandpencil4374]

Well, they ARE owned by Ford so...

[@davidthomas4489]

Tesla Model S Plaid. 1000 + HP. Game over. I don't have a Plaid, but a Model S 75D. I went from a Chrysler 300 C to this car. The Tesla is so much fun to drive. The other thing I like about EVs is the tech, basically an iPhone on wheels.

[@jamesdanton9033]

And they weigh 5000 pounds and take hours to charge. Under the right conditions. I have an Alfa 4C. It can go as far as the Plaid, on it's 45 litre fuel tank (which takes about two minutes to fill) but only weighs 2200 pounds. It's by all metrics a greener car that will last longer, was cheaper and doesn't explode. And now it's nine years old and has never gone wrong and is heading towards the time where the battery would be replaced on the Tesla. Gotta get those little brown kids digging. Game over.

[@keithdow8327]

@@jamesdanton9033 Plug the car in at night and unplug it in the morning. The time is less that that at a gas station. Also the fuel is free, from a solar roof.

[@fred2028]

@@jamesdanton9033 did you honestly compare a 2 seater car to a family sedan? And use Alfa as a benchmark for long term reliability?

[@LaJuanHughes]

​@@fred2028he didn't think that through.

[@jamesdanton9033]

@@fred2028 I don't need to benchmark anything. It IS reliable. And I don't have a family, so I don't and have never needed a minivan. Yes, it is a greener, lighter, more agile, more reliable, longer lasting car that looks better and costs less. Or you can have a heavy, unreliable, overly expensive car that takes half a day to charge that takes little kids digging in the dirt to make... and that explodes. Or if you need a four door for a family, there's a Camry. It will last until the end of time, be greener and is one tenth the cost. Yes, I look at electric car buyers as dimwits. The numbers don't add up and then, I have a Tesla destination charger at my business and I watch the fun people have with them.

[@anthonycicchetti7620]

HEY CNBC, try asking the younger generation if they would PREFER a Tesla or a Dodge and see how that survey turns out. Well, I am pretty sure CNBC will skew the results towards whatever company pays them the most advertising revenue.

[@TurdFergusen]

shills will shill

[@noseboop4354]

Today's youth just want to drive a black Tesla wearing a black suit with black tie. Might as well replace humanity with robots, nobody could tell the difference.

[@Avenue77]

​@@noseboop4354Thats a lie when I go thru the drive thru w my Chally they say I like your car...I know them kids not saying that about a Tesla...because they always say dodge challenger or charger is my dream car

[@sew_gal7340]

@@noseboop4354 Suits look cool asf, much better than jeans and t shirt

[@kenbob1071]

@@Avenue77 Oh, so because a few kids humor you with a compliment, that means the majority of millennials prefer to drive obsolete, dinosaurs? Lol, get real. Even the video said millennials prefer EVs.

[@Goldsteinphoto]

It may have been possible for Tesla to make the Semis earlier but Tesla was battery constrained. The batteries simply were worth more in cars than in Semis.

[@sparkysho-ze7nm]

Cause regulatory credits an grandfathers failing grid

[@Goldsteinphoto]

​@@sparkysho-ze7nmWhat do you mean?

[@royh6526]

All the initial specifications about range and cost were dependent on the successful production of the 4680 cells. This production has been dismal with many problems. Only now, years later, does it look like the 4680 cell may become cost effective. No definite news, but it appears to me that 4680 cell production was halted at Giga Austin and new equipment installed. I expect them to re-start soon, maybe we will get some good news at the next stockholders meeting in about a month.

[@Goldsteinphoto]

​@@royh6526 I'm not sure how to calculate cost effectiveness...maybe a low yeild of usable cells, no matter what their cost. But of course if you have to throw away a lot of cells to have enough for a car, you'd use cheaper cells instead. So not even enough for many Model Ys with structural battery packs let alone for Semis. But also...energy density of 4680 was not as high as they wanted. This is just my opinion based on various reports. It isn't just the Semis that were battery constrained. I think Megapacks were as well. I think now Tesla uses iron phosphate cells in those and is getting enough to scale up production.

[@Neojhun]

@@sparkysho-ze7nm Bunch of Insane nonsense. Tesla was struck off Federal EV tax rebate during that Semi Truck battery shortage problem.

[@TransportSimulatorNationTSN]

I may be tripping, but did they do a video on this already?

[@Shagwyre]

I may be high but I think you’re right

[@benjaminhoward6895]

yea they did. the channel is recycling content

[@JohnSmith-pn2vl]

yea all old stuff

[@ockertoustesizem1234]

ye i feel like I've seen this vid before

[@LaJuanHughes]

Some need to take that guy for a ride in a plaid.

[@zhinan888]

I worked on my thesis on EVs in 1992-1993 at Chrysler Liberty and we had a functional EV minivan. And GM had its EV1. This tell you how many opportunities we have missed.

[@SSGoatanks]

Car makers have to switch to EV's because their business is failing; nobody is going to want to own a car that drains them of their finances when they have affordable, reliable, and sustainable public transportation 🚲🚌🚋🚝🚃🚟🛤

[@matthiasgrunwald895]

FUEL SUX!

[@robertnewhart3547]

No, it doesn't.

[@BeingMe23]

The world's first EV was made in the 1830s. Before gas or diesel cars.

[@joewerner7060]

ford was making EVS wow .. well over 100 years ago now. and was blackballed by GM. sabotaged by oil industry really

[@AntonMilev]

25:40 Craig Fuller has absolutely no idea what he's talking about. The claim that the established automakers have any advantage over Tesla is completely ridiculous.

[@JohnSmith-pn2vl]

correct

[@kevinaschim8475]

Yes. All the items he claimed are advantages are disadvantages. How is having a network of maintenance shops an advantage when your fleet needs one fifth as much maintenance? This network is a massive fiscal drag. The same for a dealership network. Completely unnecessary cost structures. And worst of all is the archaic attitude that has not changed and weighs down their ability to adapt and change with maniacal urgency.

[@machoopichoo2]

@@kevinaschim8475 Yep, + massive debt, stealerships that add cost and everyone hates, incompetence, bureaucracy, etc.

[@SoraFan23]

Just a reminder in California they plan on banning all Gasoline Cars by 2035. Considering how many people are leaving California I can't really blame them.

[@zzappligator]

You think people are moving just so they can listen to engine noise?😂

[@SoraFan23]

@@zzappligator No, but they are trying to getaway from all the crap that is happening in California with all the crime, homeless. and drugs going on.

[@zzappligator]

@@SoraFan23 That doesn't relate to ICE bans and EVs.

[@meikgeik]

Muscle cars were always about getting the most acceleration in the hands of the common person. Bang for the buck. EVs are a pretty good path to that goal with current technology, and it's only going to get better. I've owned a lot of fast ICE cars, but Electric is pretty awesome for going fast in a straight line, ngl. I really hope the Dodge EV cars do well. I hate that everything is a crossover now.

[@shack2800]

The sole complaint of EVs is the lack of noise. But in terms of straight line speed, EVs destroy muscle cars

[@jakeroper1096]

Eventually they will converge at a cheaper price for the same power/performance as an ICE, just from being simpler mechanically

[@mikafiltenborg7572]

Check Tesla model S Plaid (1000Hp) on NürnburgRing🏁Germany🏁🏎️

[@sevenflashowls]

Having both a quick EV and a noise making fast car, the noise starts to lose its charm after driving an EV for a while. There are many cars that I look at now and they sound fast, but for many of these, the noise does not mean they are actually quick. Also, the noise is great occasionally, but not all of the time.

[@sessayan2]

As an EV owner and owner of old muscle cars, I favor my EV's as not only does the noise get old so does the smells of a ICE power plant. I worry about what i do with my old muscle cars but i would take an EV over them all day long. @@sevenflashowls

[@Nessal83]

I've heard the same dinosaurs complain about moving from carbs to fuel injection back in the 80's. Technology moves on but some people don't.

[@Joelgarcia47]

Great video! Well I'm so happy I made the best decisions by having a good investment. Recently, I'm able to acquire my third house even at my age and I believe if things keep going well I would retire early

[@JamesRandle5]

That's nice! But how did you manage to achieve all that even with the current economy that's very bad? Please I'll appreciate your assistance on how to go about it, I'm desperately looking for a way to pay up my debts and also achieve my goals

[@Joelgarcia47]

The best strategy to use in trading is to trade with a professional who understands the market quite well, that way maximum profit is guaranteed, I'll highly recommend Katrina susan

[@JamesRandle5]

Actually this is not the first time am hearing of Brenda Brown and her exploits, how she handles investments and generates good profits, she has really made a good name for her self, but I have no idea how to reach her

[@Joelgarcia47]

gram

[@Joelgarcia47]

Brendabrown is the name to look for

[@johnross9805]

Putting all eggs in one basket will doom all car manufacturers , power needs to be diversified, multiple sources

[@intothemoat]

Why is that? It had 0 diversification for a long time.

[@IMGreg..]

If you can afford a $80,000 ICE muscle car when gas gets to a price of $10/gal, more power to you. But EV's with home charging are cheaper to operate and getting cheaper to buy. EV's have introduced right sizing range requirements base your application. The vast majority of our cars spend more time parked between our short commutes to work and back, so massive range is a convenience not necessity.

[@capitalismftw]

thats exactly the point@@intothemoat

[@capitalismftw]

when there is no option but electric, it will cost the same for charging lol you'd have to be naive to think otherwise @@IMGreg..

[@Luka_3D]

@@capitalismftw They've been saying that for the last 15 years yet us ev owners are still driving around for pennies compared to others. And with evs you can charge them off peak hours which makes your bill even smaller.

[@coding9409]

Regarding the Dodge enthusiasts, these old guys won't be around forever and their old ideas will die out

[@anthonybha4510]

I'm glad for that.

[@rayellebishop8168]

Ford lost billions researching EVs and autonomous vehicles. Thank God they seen the light and stopped it.@@anthonybha4510

[@Serioustroop]

so they put horses head on a carriages so it wouldn’t spook the other horses. So this analogy is,so EV makes engine noises so I wouldn’t spook the other muscle cars.

[@JohnSmith-pn2vl]

its more like people said back then to the iphone, you cannot write email it has no buttons....

[@nathanielmaizland8366]

This is an old re-upload I remember from a year ago.

[@vidainvestor]

Love or hate Tesla no matter what Tesla is King

[@andrewchristiansen8311]

23:55 Pepsi wouldn't allow us to interview the drivers.... But they TOTALLY love it!😅😂🤣🤣🤣🤣

[@ayindesmith]

I like how fast electric cars sound too

[@jstar1000]

I dig hauling ass and no one knows unless they see me. Making a bunch of racket seems stupid once you get use to the stealthness of no sound.

[@timogul]

It's an interesting thing about "sound," because all sound _is_ just causing air to vibrate in certain ways, and it would make sense that you could create some sort of "music box" that would project a sound exactly like a muscle car, using all "natural, physical motion," but without having an actual massive gasoline engine driving it.

[@fuck_you_china]

😂😂😂😂😂😂

[@AlternativPerspectiv]

just sell the fools mp3s

[@Alarix246]

That's what Toyota already does; but it looks so increasingly childish and ridiculous, can't help it.

[@JSMCPN]

The "fast & furious" kiddies have been doing that for years. They put a speaker on their 4-cylinder to make it sound like a V8. Kinda like vegans try to make their food look like real food.

[@dosvecesjaime]

I’m glad to see how Steve-O turned his life around 🙌

[@Dontdoitguy]

0:48 … I will always feel this way 😅

[@crazybeartimba]

Range anxiety is real. Just took my M3 to Sequoia which turned out to be perfectly fine but it really did scare me seeing the range drop as I drove up. Turned out, I had more than enough and got extra from the downhill regenerative braking but having to constantly check and worry was stressful. I just hope more stations are built in national parks.

[@Tokamak3.1415]

Only time I had range anxiety in a national park was during winter in Bryce Canyon since temps were sub zero. Climbing up Mammoth or the Sierra Nevada mountain ranges in the middle of winter is pretty daunting when hauling 5 people and luggage up 5K elevation but my 75D Model X still made it so the newest ones shouldn't have a problem. At least not until you use camping mode and pull 25% overnight heating the cabin. Charging stations in national parks would definitely be welcome.

[@jstar1000]

The car shows you where to stop and charge so why worry? 4 years in my M3 and I have never experienced range anxiety what so ever. I drive more then most people on a daily basis with my job too. You were obviously worried for no real reason.

[@noseboop4354]

@@jstar1000 Assuming the charge stations work. They are notoriously unreliable in rural areas.

[@jstar1000]

@noseboop4354 never saw a tesla charging station that wasn't functioning.

[@kenbob1071]

I've found the estimated range/battery charge on my Model 3 to be very accurate. Usually I can get slightly better than the estimate b/c I'm not an aggressive driver. Taking a 1,000+ mile trip tomorrow and I'm not worried about range --especially since even more superchargers have been added along the way than when I first made the trip in my new car back in '19.

[@aydenmiller8204]

They could’ve covered Tesla’s massive impact on the EV market instead of talking about companies that have yet to figure out how to produce these vehicles profitably. The charging infrastructure for Tesla will drastically improve in the next 12 months with legacy automakers funding Tesla’s superchargers!

[@user-cf7eh6sj1g]

The Media hate Elon, personally I dont know why

[@sigma682]

Rivian has produced 9,395 in its first quarter. Already seen the R1S in Las Vegas.

[@travisminneapolis]

Can you PLEASE make some videos on Edison Motors fully electric semi?

[@redbean9410]

no

[@Goldsteinphoto]

You really are missing some important aspects of Tesla: Vertically integrated...way fewer suppliers. Direct sales. No dealers. Software design is at the heart of the company. Tesla designs their own computer chips and makes a lot of their own electronics. Tesla is way ahead in developing self driving. Tesla is working hard to make robotaxis possible soon. Tesla is a leader in AI and has built Dojo. (Look it up.) Tesla is developing humanoid robots. Tesla will be refining lithium soon. Tesla is a leader in battery cell inovations. (4680) Tesla has a worldwide 50,000 unit charging network. Tesla has made the construction of cars more efficient. And they will be pushing this further on the lower priced vehicle they will make soon. Tesla has an insurance company. Tesla is growing in the energy field...stationary storage, solar, distribution. Tesla can tap into scientific and engineering talent from SpaceX. Tesla has 20+ billion on hand and can raise more easily if needed...basically an unlimited budget to expand. Tesla EVs have high profit margins. Ford loses $32,000 per EV. It is believed that BYD is the only other company making a profit on EVs.

[@machoopichoo2]

Yep, gotta love the old stealerships.

[@pawelf1]

And now tell me how much emission produce private cars. That percentage is low compared to cargo trucks and industry, so we all try to change something that doesn’t really have a big impact and don’t think about things that does

[@macmcleod1188]

Private vehicles produce 18% of emissions from the Transportation sector. It is a significant number.

[@michaelweston1042]

The electricity fairy is going to power them all.

[@CCasyno]

I have one of those Demon emblems I got off a car in a junkyard back in 1991

[@tlister67]

Fleet is going to show efficiency and maintenance advantages of eVs where cost-benefit is key. I love seeing the Amazon-Rivian delivery vans out in the wild this year.

[@robertnewhart3547]

One more gain', but in English.

[@Battery-Powered]

Difficult. Big brands that have been building ICE vehicles for decades are making losses having to switch to EV's

[@JohnSmith-pn2vl]

they are used to losses so nothing changes really

[@zoobrizz]

EV = AV Anxiety Vehicle. Hybrid ❤️

[@anydaynow01]

Tesla had years of losses before they started making a profit, so the Big two will have to navigate those waters also. That being said, there will always be a market for stick shift ICE sports cars, just like there's a market for horses.

[@Simon-dm8zv]

@@zoobrizzhybrids are no the solution

[@Johnny_Savage]

​@@anydaynow01 the main difference is Tesla started from scratch though. and traditional ICE companies work on tiny profit margins, while Tesla doesn't. things like mass layoffs, long wars with unions, tearing down factories are not feasible, so they will need to completely rethink the way their companies use their current resources in order to reach good margins with EVs. it's a huge effort and will take a long time. while Tesla will use that time to just move their tech forward as they have no legacy issues to fix.

[@davefroman4700]

All the other class 8 offerings are less than 300 miles of range. Tesla does not need any "Special" experience to sell commercial trucks that are a decade ahead of their competition and improving.

[@andrewdonohue1853]

are you talking class 8 commericial trucks because i have a CDL and i can tell you that is completely laughable. the EV semis dont work efficiently at all.

[@davefroman4700]

@@andrewdonohue1853 So do I. And if you think that the trucking companies will not adjust their operations to take advantage of a truck with 450 miles of loaded range that costs 60% less to operate? You are nuts. Pepsi in California is already proving they can run their trucks 18hours a day with only a single one hour charging session in the middle. Besides which the Tesla Semi is already being tested with the FSD Beta in house today. Tesla has their own fleet that is shuttling batteries and drive trains from Nevada to Fremont and back hauling raw resources to the Nevada plant.

[@jemezname2259]

@@andrewdonohue1853 Have you ever driven a Tesla Semi?

[@davefroman4700]

@@andrewdonohue1853 A diesel drive train less than 28% efficiency at peak performance. The rest of the energy in the fuel is lost to friction and heat dissipation. An EV drive train is around 92% efficiency. It also has the ability to recoup energy as it travels. The reason why is because every time you back off the throttle in a traditional truck, the energy is lost through mechanical back pressure. Whereas in an EV that energy is put back into the batteries. Its even to the point where Featherlite has a 53' test dry van today that has solar roof and walls, its own battery and drive train onboard. It operates off a digital strain gauge on the pin to control the trailer speed/regenerative braking.

[@andrewdonohue1853]

@@davefroman4700 that's a lie. Power must be generated at a generating station which is at a location remote from the charging location. Do you understand wire resistance, the longer the wire the more the resistance and loss. The resistance and voltage generate heat, which in turn increases resistance.... wires are less efficient in hot weather. 92% is a flat out lie. If you think batteries are going to run a commercial truck efficiently you're lying to yourself. Not only do you have the electric generation and electric transportation losses, the truck would be required to haul the batteries... instead of a few hundred pounds of diesel fuel your talking thousands of pounds of batteries, i believe maybe as much as 10k lbs of batteries. That is an energy loss you will not get back. I have a CDL and I'm typing this from. The cab of a kenworth diesel truck

[@bonbonjovi4836]

Nice of CNBC to interview bunch of old people who are unwilling to adapt to changes.

[@americanmade36merica99]

I've seen some of the Frito Lay Tesla trucks on the road already. I love that cool paint job.

[@AllHandlesHaveBeenTaken]

Drive a ticking time bomb and burn your house down for only $60k.

[@kevtheobald]

This video is a year old. They just reloaded it onto KZbin or it took a year to get around to it. Typical news content, it is already outdated. The title is not accurate. They really do not cover who change will happen. It is just her is something EV and here is another thing EV. With the cutrent UAW strike, the unboxed production method Tesla is rolling out, less parts with EVs, and giga castings, the amount of labor needed is shrinking rapidly. When Teslabots get more developed, they will offer a logical alternative to himan labor in many jobs. Right now, it is race between China and Western nations and China is actually ahead in many ways, but Tesla gives us hope as they are already battling Chinese builders in China and succeeding. The US can be one energy independent via EVs. It is great that consumers can charge at home and that public charging stations can be built with solar, battery backup, and the charging station without need to be connected to the power grid. Change is happening and it will help protect the US economy as well create better military strength. Oil dependent military vehicles creates amajor weakness in our military.

[@fordresurrectionest9556]

Hay, don't forget that trucks have diesel filters (DPF). running cleaner than before.

[@danielmorales1981]

Gracias Chavez

[@davidrandall2742]

My Bolt is a great commuter, and surprisingly quick and comfortable for one of the least-expensive EVs on the market.

[@bmw803]

Bought an EUV last year. Works fine. No need for more. Spending this kind of money just to get around is insane.

[@zoobrizz]

My neighbor purchased one. It depreciated by 50% in 2 years.

[@davidrandall2742]

@@zoobrizz -- given used prices I'm seeing, I wouldn't lose much on my euv yet. But, I don't care, as it's saving me so much on commuting I should have it paid off in a year, and then it'll keep saving me money.

[@jct1616]

A collection of older videos. Current info Tesla semi exceeds 500 mile range when loaded.

[@Jirongosteve]

CNBC must have an agenda against Tesla

[@Roman_ABC]

This is 2023 now and CNBC used 2015 Tesla model s mugshot 🧐

[@Modeyftrebushie99]

17:19 imagine breaking down at the stage, truck evs are going nowhere 😂

[@missgibsen6767]

I'm not driving a car that sounds like a sewing machine.!

[@Simon-dm8zv]

Oh yes you will.

[@swiftblaze95]

@@Simon-dm8zv🤡

[@TheDavidlloydjones]

That's OK, theyll pur in a little vroom-vroom noise machine for you, Missie.

[@Luka_3D]

@@Simon-dm8zvJust give him a few more years. Once the infrastructure is up and he figures out how much money he will be saving he'll be switching real fast lol

[@Simon-dm8zv]

@@Luka_3D Definitely

[@anthonycicchetti7620]

Maybe CNBC can copy and paste the picture of a NEW TESLA for once (look at this thumbnail) or do they need more advertising revenue to stay in business??? Damn I bet it annoys the hell out of CNBC that Tesla did NOT go bankrupt and they are about to crush the rest of the automotive industry over the next decade. 😂

[@misterfunnybones]

They even went out of their way to say EVs are so complicated to make, ignoring the fact that EVs have less parts & are actually easier to manufacture at scale. This is just an ad for anachronistic outdated ideas. They should introduce the new Dodge Dinosaur. 😂

[@taylorc2542]

Legacy media hates Tesla because they need monopoly platforms to algorithmiclly promote their content, and X doesn't do that.

[@Lovejazz01]

I came here to say that also, the thumbnail they used they want everyone to think that Tesla never made anything past the original Model S.

[@misterfunnybones]

@@Lovejazz01 General Motors viewed Tesla in 2009 as a "bunch of engineers playing with laptop batteries." They now have the number one selling vehicle Q1 2023, edging out the Toyota Corolla. Legacy auto can't pivot & make money; they lose money on every EV, & they only make money with ICE.

[@martinmarkmarkovics7754]

I can imagine Dodge making the control unit in a way, that u have your gear shifter, but in reality it has only one gear, and the power is being decreased if the "selected gear" is not optimal for that speed to mimic if you are in a higher gear for a lower speed.

[@michaelchownyk5255]

I was hoping to see some footage on the gm cami plant that develops the Zevo 600 brightdrop electric delivery van. Maybe because it’s in Canada they don’t want to include it

[@billbillerton6122]

EVs aren't selling. Look at the numbers. Many manufacturers are considering ditching them.

[@machoopichoo2]

The Tesla Model Y is the world's best selling car. In China, BEVs currently have 24% market share and it's increasing exponentially.

[@Dontdoitguy]

@@machoopichoo2 you live in China ?

[@machoopichoo2]

@@Dontdoitguy No. Why would you ask? China is the world's largest car market and demonstrates how BEV adoption will be exponential in other markets, as well.

[@H3erobrineNotch]

Link a article, I find this hard to believe.

[@machoopichoo2]

@@H3erobrineNotch You should find this hard to believe, since the Tesla Model Y is the world's best selling car. Legacy auto, like VW claims, chips shortages, then lack of demand (funny since demand seems unlimited for good BEVs), and they lose money on every single BEV they make. No wonder they are cutting back and making excuses. Legacy auto is dead in the water.

[@highvoltage3479]

Big business thinks of people as sheep, it's easy to steer people in the direction you want, with just a few persuasive claims about EV's. ... Foolish people are followers

[@pardunmeesuh5612]

Persuasive, steering. Do you mean how this video had gloom and doom music playing the entire time?

[@That-Guy_]

Well for most people's use cases EVs are the better option.

[@rolieg81]

That plum purple 😊 ❤️ 😍

[@robinleavitt7919]

Might be good for local run in the metro areas but for long haul and grossed out loads there isn't no chance it will ever last or work

[@TeslaEVolution]

Amazing power Rimac Nevera & Tesla Model S, Plaid. Those are hyper power cars!!

[@PaulADAigle]

There's a big need to drive Solar Panels into homes as well as bulking up the utilities.

[@sparkysho-ze7nm]

Th uniqueness of Dodge brothers thinkin outside th box is captured by the cybertruck,semi, roadster 3+

[@EVtripper]

Nice 2013 Tesla Model S in the Thumbnail... 👍

[@evgrid2628]

Doctors say, ... if you want to live a long health life, stress free and without worry, ... then never, ... ever, .. ever buy an .. Electric Vehicle.

[@muskrat3291]

I am not sure why you think owning an EV is stressful. It certainly hasn't been for me. Matter of fact when I drive my EV I feel like a teenager again driving for the first time, and I have been driving for almost 60 years. However, if I was still driving gas vehicles, gas prices certainly would stress and worry me. Not with an EV though, my cost to drive is just 2 cents per mile. How much are you paying for gas?

[@pardunmeesuh5612]

What doctors? All doctors? Even the ones who drive EVs with a big smile on their face? What is your source?

[@gregorymalchuk272]

​@@muskrat3291By admitting you own an electric car, you also let slip your income level, which probably has a lot more to do with your low stress than whatever car you drive.

[@fishbike2356]

Does the dodge EV come with motors that have lifter tick causing engine issues out of warrrentee like thier hemi does the last 20 years? If so i'm in!!!

[@homeboy391]

The electric Challenger looks nice! Wow...

[@mullholand]

When they say the Machery was done totally right - forget it -

[@Sacto1654]

The companies that already developed specialized electric vehicle platforms (Tesla, Volkswagen Group, Hyundai/Kia and surprisingly Geely/Volvo) early on have an advantage on everyone else because they could build a wider range of EV's to cater to various customer needs for EV's. That's why Mercedes-Benz has spent a fortune developing its own EV platform, GM is developing a range of vehicles around the _Ultium_ battery pack design, and even Toyota is spending a fortune to develop the dedicate TNGA-E platform for future EV's from that company.

[@PaulADAigle]

Other than Tesla, all the companies are struggling, although Rivian is doing well. Toyota just wants to find a new format because they don't want to follow Tesla's lead. Between Hydro and your mentioned TNGA, they are throwing a lot of money in a hole.

[@JohnSmith-pn2vl]

a mercedes eqs is just a stitched together ev, it is so far inferior to tesla, just like all others. it is too hard for legacy to switch, most will evaporate.

[@8ettieP46e]

Ultium is garbage based on the teardowns folks have done.

[@benjaminsmith2287]

What is Geely/Volvo? There's Volvo and there's Geely. Geely Holding owns Volvo but Volvo makes a different car brand than Geely Auto. Geely Holding produces the SEA platform and that's used by many brands, including Smart who is owned/designed by Mercedes. Volvo is having all sorts of problems getting their EX90 out and its sister the Polestar 3--both on the SPA2 platform, not SEA--(Polestar is an offshoot of Volvo, used to be its sports skunkworks).

[@synthmaker]

@@JohnSmith-pn2vl I agree. EVs have to be done from a software first approach, legacy auto-makers are terrible at developing software. Wheels, seats, motors are just peripherals required for mobility that you control from one central processing software brain. We've been through all this when it was realised that the most important part of a computer, tablet, mobile phone is the operating system ( which is the reason Microsoft, Google and Apple became so successful ), now add cars to that list. For cars the only available operating system is from Tesla, they're building a fast growing moat that is becoming impossible for anyone else to bridge, including Apple.

[@richyzig]

Tesla Semi - CNBC didn't mention all of the advantages there are driving and living with these, like much more power and comfort for the driver.

[@bannor99]

I'm still puzzled with 2 things Rivian did not do - build their platform on 800V and not give more extensive & flexible power export options along the lines of what Ford did with the F-150 Lightning

[@Gsuneow]

Ah yes Tesla fan boy that has no clue what’s actual going on in the markets.

[@bannor99]

@@Gsuneow who are you replying to?

[@MrTeff999]

Why is the posted photo a 10-year-old Model S instead of a new Model Y, which is the best selling EV on the market?

[@andreiarama8745]

Nobody wanted EV's,we are forced to buy them

[@redbean9410]

if nobody wanted them then no one would buy them. gas cars are still on sale you know right

[@That-Guy_]

I wanted them, have one and will never go back to a gas car.

[@pardunmeesuh5612]

Speak for yourself. I couldn't wait to get one -and the government incentives ensure that we, as a nation keep up with the world.

[@elfowlkes]

We should have a choice as to what we want to drive. Our choices are being taken away.

[@That-Guy_]

And you don't have the choice to put leaded gas in your car at the pump now. But sometimes it's good to not have some options if they cause harm.

[@Simon-dm8zv]

@@That-Guy_yup

[@gregorymalchuk272]

​@@That-Guy_We have to talk about the compromise. A gasoline engine with computer controlled, feedback fuel injection, exhaust gas recirculation, and exhaust gas catalysis were a good compromise that provided vastly cleaner air and even better fuel economy. The changes in the past 15 to 20 years have been chasing diminishing returns while inflating the first cost of cars and exploding the repair costs. The government really shouldn't be centrally planning energy consumption. It's not in the constitution. In the absence of CAFE, most passenger sedans would look like early 2000s Toyota Corollas in terms of powertrain technology.

[@That-Guy_]

@@gregorymalchuk272 They are not planning energy consumption per say, they are trying to reduce air pollution and CO2. When it comes to transportation the issue is ground level pollution. EVs output zero emissions at ground level whereas ICE output carbon monoxide, nitrogen oxides, particulate matter, and unburned hydrocarbons that are health hazards that cause damage to the human respiratory tract and increase a person's vulnerability to, and the severity of, respiratory infections and asthma, nose, throat and lung irritation, coughing and shortness of breath. Exposure to fine particles can also affect lung function and worsen medical conditions such as asthma and heart disease.

[@claybirdyshaw5737]

They lied, the Demon isn't the only car that can do a wheelie. I see Chargers and Challengers doing them all the time.... on the back of a repo truck.

[@jasonpowell584]

And if people don’t buy them… then what???

[@paulwilliams5013]

..well i doubt if the ever increasing number of apartment dwellers will ever get enough private charging points.

[@juliejackman2649]

My Dad bought an '85 Corvette which I drove anytime anywhere I wanted no questions asked. At the time it was an expensive car. It was brand new, cost 25,000 and 6,500 a year to insure it for me..a 16 yo teen. A house cost around 40,000 at that time. Wow, corvettes cost more than half of the price of buying a house. Wow...😳

[@pbrigham]

Wrong video titel, should be " How Tesla forced all the Auto industry to move to EVs"

[@mikafiltenborg7572]

😆👍

[@amirabdulazeez3241]

Exactly what I had in mind 🎉

[@MeaHeaR]

Wats tittel do Ewé meen. "Title" ¿¿¿¿

[@davidthomas4489]

👍

[@atrothe]

California asked EV owners to limit their driving because the grid can not keep up. Fantastic yeah.

[@Aki_Lesbrinco]

It's bizarre that they say the Demon was the fastest production car. Throughout the last like 15 years there have been different Porsches that do the numbers they say the Demon does and also, Mclarens, Ferraris and others.

[@sirgrundel]

I dont understand why dodge just doesnt just put their inline 6 twin turbo into the charger & challenger as well as offer something new with an SRT 4 engine (turbo 4 banger but more power maybe 300hp). they used to offer the Neon SRT 4 back in the day

[@zzappligator]

What for?

[@dusty4047]

The "OEM's" will be a hurdle for ICE manufactures that they may not overcome along with all the debt they carry. So I think this is a prime opportunity for more start ups like TESLA ect...to become the new BIG 3 or more....the old big 3 have reached their life expectancy.

[@machoopichoo2]

Yep, the vast majority of legacy automakers will go bankrupt, as accelerated by the UAW. Startups like Rivian are on shaky ground, unfortunately. Lucid is a pump and dump. Even Tesla almost went out of business. Like it or not, the future of the auto industry is 90% Tesla and Chinese cars.

[@davidwebster2616]

I feel like this video was out a while ago

[@jemezname2259]

I am waiting for the Tesla Cybertruck to replace my Ram 1500. I would also like to replace my Ram 3500 with a suitable EV but no one is currently working on that as far as I know.

[@machoopichoo2]

Do you have a long wait? My reservation is 1.2M, so I won't be getting mine anytime soon. It will be sick to see them in the wild though.

[@Boorock70]

"The muscle car is NOT supposed to look like a melted jelly bean..." 👍

[@stevec5000]

Electric cars are a fad that will fade away in a few years.

[@That-Guy_]

🤣 no, I am never going back to gas cars and most people that by an EV feel the same.

[@pardunmeesuh5612]

I bought a used 2018 Kia Soul EV and I love it! The only time I pull into a gas station now is to drive around the pumps laughing maniacally with my finger in the air. I charge at home at night for 2 1/2 cents per kilowatthour and drive 35 miles a day for less than a dollar.

[@That-Guy_]

@@pardunmeesuh5612 2.5 cents/kwh is pretty good but I got you beat. All my power from 9p - 7a is free with my electric plan and I have solar panels plus home batteries that power me the rest of the day.

[@Lichkai]

I need one

[@joeykitty2892]

Many EV makers have put the '"cart before the horse." Infrastructure and range just aren't there yet. Pump the brakes!

[@missgibsen6767]

We got rid of our EV ,best thing we ever did !!

[@mikenagy938]

It is amazing to me how fast information goes bad. EV sales are down across the board, people in LA are lining up at midnight to get a charge, and all to many of them spontaneously catch fire. What more could you ask?

[@beowulf555]

All of them? Really?!

[@wengelder9256]

Is the world now limited to LA . Look at China . Already passed Tesla as biggest EV maker .

[@kennethjamora]

Should we load the gun for Alan Meehan now? 😂

[@MassDynamic]

21:48 all of the large shopping centers with large parking lots should install solar panel canopies on their parking lots. 1. it reduces the exposure of vehicles to direct sunlight, so the cars dont become friggin ovens and as a result, use less energy to cool the car. 2. you use the land that would otherwise be doing nothing to produce energy which would help reduce energy costs. 3. the electricity from the PVs can help power charging stations for EVs.

[@rare_wubbox360]

Question to CNBS; Why do you say stricter emission regulation is the driving factor for the semi industry going electric? Its not By going green companies saves enormous amount of dollars. Thats Why its happening

[@sparkysho-ze7nm]

They get tired of weighting fat checks for carbon credits

[@gregorymalchuk272]

Because it's absolutely true. CAFE standards have been forcing uneconomic things like variable valve timing, multiple catalytic converters, turbocharging, low tension piston rings, 0W-16 oil, all of which inflate first cost and are catastrophic for repair costs. I would guess we passed the minimum in the cost curve 15 to 20 years ago. Everything since then has been diminishing returns and exploding prices.

[@georgemarengo823]

I understand the objection to E.V.’s based on price, or because you rent and can’t install a level 2 charger, but otherwise, or if you have specific use cases, but I think a lot of it is because people just don’t know any better. I currently have an ‘09 Z06 Corvette with a (modified) 575 rwhp, roughly 650 at the motor, but I’m leaning toward buying an E.V. next year. I’ll just address complaints I’ve seen, some of which used to be what I also believed were problems. Hours of charging? Yep, in my garage - I don’t have to do my weekly gas station visits. Heavy? Yes, which means a slightly lower tire life. It also won’t be a track car like my Corvette. I’m OK with that if the replacement E.V. has the right qualities. The E.V.’s I’m looking at accelerate much faster than my Corvette, so that quality will satisfy me. Too little range? I used to think this, but in looking back at actual long trips I’ve taken, I’m pretty sure I’ve never driven more than ~3 hours without taking a break to use the bathroom and eat. So, at a 70 mph average, that means a real 300 mile range would be fine for my worst case long distance travel. Catching fire? The data show that when E.V.’s catch fire, it’s BAD, but the data also show that they actually catch fire about 1/50th as often as ICE cars. Yes, it’s skewed by old ICE cars, which may be the majority of those cars that catch fire. But it’s still true that E.V.’s catch fire FAR less often that ICE vehicles.

[@noseboop4354]

Half of the population renting is a 'specific use case'.💀

[@georgemarengo823]

@@noseboop4354 - Absolutely true, for now., that’s why it was the 2nd objection I listed, “or because you rent”. In any case, as E.V. purchases increase I suspect employers will start increasing charging stations, so it become natural to charge during the 8’ish hours you’re at work. In California, for instance, in the 1st quarter of this year E.V.’s made up 25% of new car purchases. I’m now retired, but where I used to work in Arizona a bit over 2 years ago my employer had installed about 2 dozen chargers - but that was for around 1000 people - so a low adoption rate. I also expect that even rentals will start getting chargers, whether it’s an apartment complex or houses.

[@billbillerton6122]

I travel for work. There's no way I'd purchase an EV. I'm not going to be sitting at a charging station for 40 minutes or better. They aren't feasible for me at all.

[@georgemarengo823]

@@billbillerton6122 - If you drive for more than 3 to 4 hours at a time without taking a break to eat or go to the bathroom, an E.V. clearly won’t work for you. It also depends on where you live, because many rural locations have poor charging infrastructure. On the other hand, more and more charging stations are being installed at hotel, specifically for travelers like you. Here’s an example from an article I read about Hilton Hotels: Hilton to Add 20,000 Tesla Chargers to Its Hotels Across North America The hotel company has teamed up with Tesla to add 20,000 Universal Wall Connectors at 2,000 Hilton hotel properties throughout the U.S., Canada, and Mexico.

[@busybody1474]

You're silly Z06 will be quite the boat anchor when everyone's trying to charge their EVs all at once, The grid is already maxed out stupid..you're all done driving punk😢

[@henryhill3778]

Not allowing the driver's to be interviewed tells me all I need to know... NOT READY! At least they are honest and say they aren't giving any details at 18:40. At 22:20 the CARB BSer says "We Developed" No, you shoved it down the throats and then used TAX money to make it happen. IF it was so great, you wouldn't need "Grants"

[@raycompton1489]

Forgot to mention. I also saved $15000 in gas over my 3 year ownership :)

[@Goldsteinphoto]

No mention that if Tesla or anyone else makes autonomous vehicles soon EVERYTHING will change.

[@machoopichoo2]

FSD v12 being "nothing but net" is the path to autonomy. It's just a matter of time now. Nobody other than Tesla has the data to solve autonomy.

[@OtisFlint]

@@machoopichoo2 I haven't used V12 but the previous versions of FSD totally sucked.

[@machoopichoo2]

@@OtisFlint V12 is alpha still (i.e., not available to the public). Apparently the move from heuristics & partial net to a pure neutral net, has been transformative. Many quite like v11.+ but it's unfortunate you had bad experiences. I believe FSD will hit a tipping point (soon), like most AI, all of a sudden go from good or even poor, to outstanding, then very soon after, superhuman. That's exponentiality for ya. ;^)

[@RayNLA]

Fake noise is comical on an EV 😂

[@89five3five]

Certain ICE cars have fake engine sounds. looking at you BMW

[@markthomas7279]

So we are transitioning then right? Thus market leadership is vital right? Obviously there will be niche markets. Like those who want noise in the cabin. Most will clearly want a quiet cabin.

[@jct1616]

28:30 is wrong. Tesla Semi is MORE powerful than diesel. Plus down hill normal brakes stay cold, thus Tesla Semi faster AND safer in hills.

[@andrewchristiansen8311]

Until the motor controller melts on a hot day and you need those Air Brakes that they dont have. If you count the much lighter weight. A KTTA 1200HP CAT engine with an empty trailer has more power available as the cab weighs 8,000lbs. An untrailered KTTA would smoke whatever trailer that semi has to haul for its 10 ton battery.

[@JJs_playground]

We should all thank Tesla for transitioning us to an EV world.

[@machoopichoo2]

Wouldn't have happened without them, for sure.

[@LionheartLivin]

Agreed!!!;)🎉🎉🎉

[@russell-gt1dy]

Why. 60% of the electricity comes from fossil fuels

[@joel9873]

You can thank the Government for changing the rules to help Tesla out.

[@mario08133]

2 weeks later… EVs sales slowing down.

[@mikemccollough6633]

Volvo just announced it was pulling out of EVs and their stock soared 20% overnight!

[@allenaxp6259]

The Inflation Reduction Act of 2022 is also good news for Rivian. The act provides subsidies for electric vehicles and other clean energy technologies. This could make Rivian's vehicles more affordable for consumers, which could boost sales.

[@faustinpippin9208]

"The act provides subsidies for electric vehicles" I think you wanted to say "The act provides subsidies for rich people who buy electric vehicles" in my country its the same with subsidies...only rich people can afford the "green" stuff that is subsidized mainly from poor people taxes....

[@gilberttorres8]

@@faustinpippin9208you’re not American?

[@andrewdonohue1853]

that act has done nothing but screw over the blue collar, average worker. i loath joe biden. trash president

[@andrewdonohue1853]

@@faustinpippin9208 not from poor people's taxes, the poor people have no money. they steal money from the middle income..... me and give it to the very rich. i hate them, if i could NOT pay taxes i would. it is taxation without representation.

[@faustinpippin9208]

@@andrewdonohue1853 maybe in your country, but typically the poor people lose the most of their income on taxes, in my country its around 70%, on top of that people with the lowest paying job typically have the worst and hardest job and they get underpaid in the first place because they are exploited by the owners class (the rich who reap the most benefits from subsidies sponsored by the poor) oh the irony...this world is so fu.... up.