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A comment on $7.5B investment in EV charging has only produced 7 stations in two years. Parent comment

Re:$7.5B investment in EV charging has only produced 7 stati... by ceejayoz on Sunday May 12, 2024 @03:34PM (#40336903)
If I'm a real estate developer, and I invest $100M on 300 homes in a new subdivision, at some point I'm probably gonna be $90M in with very few completed homes to show for it.
[ Parent | on HN ]
Re:$7.5B investment in EV charging has only produced 7 stati... by willcipriano on Sunday May 12, 2024 @03:36PM (#40336922)
> probably

But presently people are actually homeless and you have spent the last 2 years mostly talking about homes and not really building anything.

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Re:$7.5B investment in EV charging has only produced 7 stati... by JumpCrisscross on Sunday May 12, 2024 @03:44PM (#40336996)
You’re cash accounting a capital asset. That doesn’t work. It’s why we invented accrual accounting.

The same math would yield a fabulously profitable asset one year before it breaks.

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