Shocking Truth: Hybrid Cars Are The Future NOT Electric Cars

Big week for the auto industry .. the New York Auto Show. Fisker warns of possible default, following NYSE move to delist stock.

Several EV makers, including Tesla, all downgraded because of declining EV sales and demand. EV maker Lucid signs deal to raise $1 billion from Saudi's PIF affiliate. PIF has a 60% stake in the EV maker and will be able to convert the preferred stock into about 280 million shares.

This is all running up to the New York Auto Show where you can see all types of vehicles that are gas, hybrid, plug-in and electric. The New York International Auto Show showcases the latest automotive trends and innovations from March 29 to April 7, 2024 at Jacob Javits Convention Center.

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