Tesla, GM and Ford price cuts suggest that electric cars may be at a dead end

“As consumers start to shy away from EVs, their choice will affect not just the car industry, but U.S.-China relations, state budgets and commodity prices.”In the early 1990s, every self-respecting American yuppie and retired suburban couple bought an electric bread maker, with sales hitting 4 million units. But the fad soon faded as these amateur bakers discovered that stuffing a precise quantity and ratio of flour, eggs, butter, yeast and salt into a metal box takes time and costs much more than strolling ...