Time to panic-buy an electric pickup truck?
With help from Renuka Rayasam and Myah Ward
RUNNING ON EMPTY
— Electric vehicles are the automotive vanguard of a greener world, and they’ve never generated more buzz.
Tesla is now the world’s most valuable car company, worth more than its top four competitors combined. Its CEO, Elon Musk, now the world’s richest man, just hosted Saturday Night Live.
General Motors has pledged to go all-electric by 2035, Volkswagen by 2027 and Jaguar by 2025. President Joe Biden’s infrastructure plan calls for $174 billion in electric vehicle investments. When the Colonial pipeline hack created a gas shortage this week, his energy secretary, Jennifer Granholm, slyly noted that it wouldn’t affect EV owners.