Upside Gap Openers

[mgland]

Ford is slashing thousands of jobs as it goes electric. Experts say a tidal wave of layoffs will rock the industry as it undergoes a seismic shift.

https://www.yahoo.com/news/going-electric-could-cost-auto-105500604.html

In a September study, the Economic Policy Institute, a liberal think tank, said that the US could shed 75,000 auto jobs by 2030 if electric cars rise to 50% of domestic sales. (Today, they account for around 5%.) European automotive suppliers estimate that rapid electrification could cost them 275,000 jobs by 2040, even accounting for new positions that arise making EV parts.