Kevin O’Leary: This is why I won’t invest in the EV push



O’Leary Ventures Chairman Kevin O’Leary weighs pros and cons of investments in electric vehicles, cryptocurrency and Boeing stock. #FOXBusiness

Subscribe to Fox Business! https://bit.ly/2D9Cdse
Watch more Fox Business Video: https://video.foxbusiness.com
Watch Fox Business Network Live: http://www.foxnewsgo.com/

FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is one of the leading business networks on television, having topped CNBC in Business Day viewers for the second consecutive year in 2018. The network is available in nearly 80 million homes in all markets across the United States. Owned by FOX Corporation, FBN is a unit of FOX News Media and has bureaus in Chicago, Los Angeles, and Washington, D.C.

Follow Fox Business on Facebook: https://www.facebook.com/FoxBusiness
Follow Fox Business on Twitter: https://twitter.com/foxbusiness
Follow Fox Business on Instagram: https://www.instagram.com/foxbusiness

source

40 comments

  1. Glad I jumped into the Bitcoin ETF on first day then lol

  2. Ford Motor Co. is losing billions on poor ev investments under the mediocre Jim Farley. He should listen to his customer base and not politicians and their green agenda.

  3. The Founding Fathers did not intent the American Federal Government to be in the Auto Industry.

  4. Whatever! Mr Wonderful said the SEC wouldn't even approve. He's right about sovereign wealth though

  5. I wonder if Kevin has read or watched 'The Great Taking'?
    BTC is now officially manipulated. Well done Banksters!

  6. If you have a charger at home don't go out of town a EV is fine. That's the reality of EV'S NOW .

  7. Kevin's son working for tesla & he invested in tesla.. Hehehe just saying

  8. AMERICANS ARE NOT PUSHING BACK ON EVS. NEWS OUTLETS THAT GET THEIR MONEY FROM LEGACY AUTO ARE PUSHING BACK.

  9. O’Leary avoided the question about Boeing’s problem being related to D.E.I. I wish he has the balls to say “ yes”, or “maybe”, or “probably”. Boeing’s fuselages are built by Spirit Areospace, which is big on D.E.I.

  10. Crap parts from CHINA,wont catch me flying,crazy enough down here

  11. It is not great,once the government enforces all to use it they will control everything we do

  12. 6uilt
    6ack
    6etter, yet?! 🤡🌎🐂💩

  13. Thanks for sharing with us, much appreciation! ❤️

  14. Trump paid back his loans, no harm no foul, but when you file for bankruptcy 4 times, ask the government to bail you out, then you should be on a shorter leash

  15. The Chinese are not so short sighted and the net effect will be to put the legacy American manufacturers out of business. Good riddance, they’ve been building terrible cars for 60-70 years.

  16. Send them back and better yet, close off the border so they can’t cross. This is beyond insane.

  17. I’m not spending 2 hours to go another 100 miles …

  18. More kick backs for democrats and liberals.Welcome to the United police states of America thanks democrats and liberals. God have mercy on us

  19. Couple of years ago Kevin said he was going to build an oil refinery. Wonder if he has that going or is he just another wind bag?

  20. The EVs are not suitable for our country . Batteries have proven to be very unstable. Remember the Ford Pinto . It was too dangerous because it exploded on impact when rear-ended . EVs are way worse . Why are they still selling that crap . They should be taken off the market . We seem to have no consumer protection .

  21. Nobody wants that crap. The leftwing just don't care. Leftwing democrats are a 2 bit nasty joke.

  22. Nobody wants that crap. The leftwing just don't care. Leftwing democrats are a 2 bit nasty joke.

  23. DEI is about tearing down American business dominance, they send these hoax leaders in there to make a push to quietly and quickly undermine the company by deconstructing it with the Trojan horse of DEI. They know what they are doing..operating from a premise that America should fail.

  24. Who in the hell wants to wait for a car to charge, especially with kids!!!???

  25. Not everyone takes trips every week. most people drive less than 100 miles a week, especially in cities. If Big 3 want to sell cars to EU's they better make EVs or Hybrids otherwise they will be shut out. Investing in a circular EV economy is one of the biggest things private/govt can support next 5-10 years. Big money and no reliance on China.

  26. If Boeing is doing DEI hiring over safety like elon said things won't end well for Boeing

  27. I have an almost new electric lawnmower for sale Cheap !!!! Also an electric golf cart and electric chainsaw for sale cheap !!!!!

  28. This dumbass administration was hoping that citizens would get their own house stations. But people don't have $1000-$7000 extra to install the cable or full house panels.

  29. I wasn’t forced but did buy an EV in 2022. My Ford Lightning Pro has been nothing short of amazing! I’ve saved $5,400 in operating costs in 18 months.

  30. Hertz Rentals seems to know much more than he does . . .

  31. Ev not going to work for large scale. The power distribution networks do not have the capacity. When you look to say californina…. power outages and blackouts summer with the ac's running. Plus where is the power coming from? Not enough windmills or solar farms for even 5%
    They need to massively improve this everywhere before the ev can widespread. Plus check the replacement cost of a battery often 20-30 thousand.
    Yes city centres and commuter runs of up to 50 miles. They can work but check out the insurance rates as companies realise that repair costs on ev's with battery damage is ridiculous.

  32. Why is this ftx clown still on tv?

  33. The reality that EVs are a bad long term investment is starting to set in.

  34. USDT is the same as CBDC !

  35. Since when does the President get to appropriate tax money to anything? That is the job of congress.