Electric Vehicle Owners Getting Hit with Negative Equity as Depreciation Crushes Used Electric Vehicle Values

Tesla Showroom

Between safety and reliability issues, as well as a dearth of charging stations, electric vehicle owners have been having quite a bit of buyer’s remorse, and now they may have another reason to go back to gas cars — EVs are rapidly depreciating.

Rental company Hertz announced in 2021 it would buy 100,000 EVs from Tesla, only to find lackluster interest from renters. In January, the Hertz announced it was selling off 20,000 of the vehicles, with prices as low as $25,000. Vehicle depreciation cost the company $588 million in the first quarter of this year compared to the last quarter of 2023.

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New American Greatness Poll: Battlegrounds Are a Dead Heat

Kamala Harris and Donald Trump in front of The White House (composite image)

Brand new polling across the battleground states shows that Biden’s exit has tightened the presidential race, with Kamala Harris at a narrow 47-46 percent advantage in a head-to-head matchup, with 7 percent undecided. Harris is also +1 percent in a multi-candidate ballot test across the battlegrounds.

The American Greatness poll was conducted by North Star Opinion Research and interviewed 1400 likely voters, 200 per state in Arizona, Nevada, Wisconsin, Michigan, Pennsylvania, Georgia, and North Carolina.

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Analysis: South Carolina Has Seventh Best Early Education System

Students

South Carolina ranked seventh in a report assessing 2024’s States with the Best and Worst Early Education Systems.

In developing its ranking, personal finance site WalletHub looked at 12 key metrics across all 50 states and the District of Columbia.

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Commentary: The Reckoning Has Come for K-12 Sex Abuse, and You the Taxpayer Are on the Hook

High School students in the classroom

The teenage female athletes at California’s Pomona High School said they felt special when a handful of coaches there took them under their wing, spending more time with them than others, providing extra encouragement, sharing personal stories and, sometimes, seemingly harmless flirtatious talk.

One track team member was amazed at a Nevada meet when she saw the coaches drinking, smoking marijuana, and sharing the party scene with teammates. But that attention turned to tragedy at a subsequent meet in Las Vegas when a coach brought the 16-year-old to his hotel room, plied her with alcohol, and, she says, raped her.

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New England States Share $400 Million in Clean Energy Funds

Wind Mills

A coalition of New England states will share nearly $400 million in federal funding aimed at expanding clean energy sources and battery storage technology throughout the region.

On Tuesday, the U.S. Department of Energy announced that it has selected the Power Up New England proposal to receive up to $389 million from the latest round of the federal agency’s competitive Grid Innovation Program. The proposal was submitted by energy officials in Rhode Island, Maine, Connecticut, New Hampshire, Massachusetts and Vermont.

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Former Secret Service Chief Wanted to Destroy Cocaine Evidence

Kimberly Cheatle

Former Secret Service Director Kimberly Cheatle and others in top agency leadership positions wanted to destroy the cocaine discovered in the White House last summer, but the Secret Service Forensics Services Division and the Uniformed Division stood firm and rejected the push to dispose of the evidence, according to three sources in the Secret Service community.

Multiple heated confrontations and disagreements over how best to handle the cocaine ensued after a Secret Services Uniformed Division officer found the bag on July 2, 2023, a quiet Sunday while President Biden and his family were at Camp David in Maryland, the sources said.

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Harris, New VP Face Criticism for Handling of Crime

Kamala Harris and Tim Walz in front of a BLM riot (composite image)

Vice President and Democratic presidential nominee Kamala Harris has reportedly chosen Minnesota Gov. Tim Walz as her vice presidential running mate. Both candidates have faced criticism for their handling of police issues.

After replacing President Joe Biden at the top of the ticket, Harris immediately took fire for resurfaced videos where she praised the “defund the police” movement.

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Commentary: U.S. Government Still Waffling on 9/11 Plotters

Khalid Sheikh Mohammed

This week, we were reminded again of the 9/11 attacks. First, it was reported that U.S. government lawyers and defense counsel reached a plea deal giving life imprisonment to the high-level al Qaeda prisoners that plotted the attacks. While life imprisonment is undoubtedly a serious punishment, 9/11 was a mass murder that cries out for the death penalty. The lack of proportionality to the offense was striking.

Worse, the family members of 9/11 victims were not given any forewarning or a chance to provide input on this decision, even though the government had promised to do so. They instead received an antiseptic letter explaining what happened after the fact.

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