But if there isn't enough raw materials to make safe batteries, EV won't scale. . . If you all think this will come true, you all should be investing in LIT, the lithium ETF, REMX, Rare Earth Metals, or Rare Earth Elements, and URA, or uranium which is the cleanest power production process yet, as the grid will need to have more power. Seriously, you will make lots of money, I have already, and it will continue. . . its a good 10-15% of my portfolio just for this reason.
Elon made electric vehicles sexy as a prototype, yes, whole heartedly agree, although he was not the founder of Tesla, he saw an opportunity and exploited the govt subsidies. Elon knows how to talk to make complex topics appear simple to lay people, and the lay people take it and try to reuse it to appear smart. Yes, I know first hand as he tried it in the electric utility on Linked In with a hand sketch diagram of proposed wires between houses as marketing for his roof shingles. I asked the electric transmission engineers at work, and they laughed,. . . like it was a proposal from the 1920's when electrification first began. . . also, he predicted 1,000,000 robo taxis on the road, its been over 2 years, no robo taxi, because he blew believer smoke up listeners' a$$e$
The only long term safety issue with electric cars, is the battery and fire hazard. there have been about 150 documented Tesla battery fires, and the car is still on the road. There were about 2-3 Chevy bolt battery fires and the car was pulled by a responsible car mfg.
Quality EVs will come from the ICE car mfgs because they know how to mfg cars. . . and service cars. . . they have both the mfg, sales and service infrastructure available. I am not against EVs, will try to investment money in their supply chain as a growth opportunity. I encourage all you who are EV believers as well. So conflating Elon and EVs as a single topic is the cultist belief
MY problem is Elon's perpetuation of cultism of those who no longer think critically without experience, and the reality of finance, implementation scaling, quality and politics, as he is a charlatan of major proportions, . . . If you have tons of money with nothing to do, go for it. . . . If you want quality EV, look into the competitors' EVs and you might be very pleasantly surprised.
sportsguy
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