I saw your story on 'Solving the Money Problem' and I was blown away that a mainstream journalist had a thoughtful and unbiased position on Electric Vehicles. This is not normal. I am hoping that this is the common thread as you build this channel. WE ARE STARVING out here for facts. We are sick and tired of partisan lectures. Please be one of the few journalists willing to bring us the facts and trust us to decide for ourselves whether is is a positive or negative. Looking forward to the rest of your content.
Latest car sales numbers are out for 2023. Tesla sold 1,800,000 cars, up from 1,300,000 in 2022 and 900,000 in 2021. And Tesla is making a nice profit, with virtually no debt and $22 billion in cash. ...... And Rivian's costs are falling like a rock and they have a lot of cash. They'll make it too, I believe.
Competition is good. I still think some kind of extended battery add on solution, like the cyber truck, or interchangeable batteries are needed, as it doesn't make sense to lug around a big heavy expensive battery if you rarely make long distance trips, it adds to environmental strain from road wear and repair, burns through tires collectively, increases the duration and intensities of fires, and finally really fucks resale value.
Dion, excellent and informative presentation. Thanks for exposing the false narrative that EV demand is slowing. Well, that is partially true, but mainly for GM, Ford, Stellantis. Stodgy management, and obstructive and destructive UAW demands are stifling innovation, and delaying efforts to clean the environment.
They were all (Ford, Dodge, GM, Fed) told in 2004 how to “bring them out correctly” so a lot of problems would not have been seen by the public AND they were told about all the environmental damage that is being done to create EVs but it is plainly obvious no one listed to our three year report. - Your EV sales estimate is only by those who gave income over $250k a year but that is not shown in your report OR the EPA and OSHA regulations reports.
@DionRabouinWSJ I'll admit there's a lot about the market I'm not familiar with. Certainly with a lot of videos I see of yours or anything I read I'll need to research a little. I'd love to see a few minutes of a deep dive on what something like insolvency means and metrics to look for when determining the health of the company's financials. Simply, educational videos in the realm of economics of markets told in your normal style that are 2 to 5 minutes long. I'd watch every one of them.
You are simply fixing the picture of the market. If there are 2-3 successful startups out of 10, this is already a success. By the way, how much EV companies are in China?
The issue here is that of the later-stage EV companies there are 0 out of 10 success stories. Of course, that can change and these companies and their shareholders hope it does. But there's a big difference between 3 and 0. And China is home to lots and lots and lots of EV companies. Many of them are very successful, but it's hard to get a real sense of how successful because they're getting so much government support.
@@DionRabouinWSJ you say about "zero", but I see Rivian, Hummer, Lucid and Tesla which you can buy just today. It is quite enough for Li-Ion technology.
@@RuslanKagirovLucid is not really doing that well. The only EV players making good progress are China, Tesla and Rivian. Even Rivan is facing some struggles. Automaers like VW, Ford and GM are making some progress with EV's, but aren't making money yet.
@@wisemanofsorts6068 It is only a matter of time, which is always needed to develop a new technology, introduce it into production and offer it to the consumer.
EV's are still growing. Its just everyone tried hoping on at the same time, and there was too much supply. Companies thought they could make money selling an EV regardless of price and quality. Companies are now learning that quality and price matter. Which is why Tesla did so well. Charging stations are being built faster now, not slower.
The Number of Electric Vehicle Charging Ports in the U.S. Nearly Doubled in the Past Three Years. From the fourth quarter of 2019 to the first quarter of 2023, the number of public and private electric vehicle (EV) charging ports nearly doubled from 87,352 to 161,562. Tesla has over 20,000 Superchargers and over 10,000 Destination Chargers in US. 99% of all US is within ~ 100 miles of a supercharger. This network is the most reliable and now considered the standard for US charging with stalls being progressively opened to all BEVs. July 17, 2023: Energy.gov. Gas stations are in decline, particularly in urban areas. A 2019 report by BCG predicts that 80% of conventional US gas stations could be out of business by 2035.
@@richardweyland116Cadogan is a ICE car sales man. His livelihood is under crisis. Not expert on Tesla stock. Tesla has the best selling car and most satisfied customers and apart from leading the Auto Industry will be the biggest company in the world with a range of compelling products. No stopping them.
_Sixty to Zero: An Inside Look at the Collapse of General Motors - And the Detroit Auto Industry by Alex Taylor_ is a good read in the aftermath of the 2008 downturn and goes back decades in the coverage of the book and the book does cover all three Detroit automakers. Billion here or there on a product rollout is not unheard of even in former days terms. Spot on Dion.
The opposite is true. EV's need an aerodynamic shape, because batteries is all about efficiency. If you slap an electric motor on a car with the shape of a box, you need a much bigger battery causing a spiral of weight and cost.
@@temper44 The costs will make it easier and quicker to bring to market. Once the revenue is up to par, then there will be funds to start fresh plus all the existing parts and service. Please read again about the costs. There are too many car companies now and why is better to have more? Please tell me.
Betting on compagnies that produces nothing but wind is risky. Better trust companies that have been building cars for a long time even if they are late on the EV market. Regarding EVs, range / charging time are a massive issue. Not everyone can charge cars at home. Plus it takes way too long to charge.
No OEM nor its dealer structure is interested or able to make and sell competitive. compelling BEVS and lose the subsidies from Government and the Oil industry. Most lobby actively against CO2 legislation, lead by Toyota. History shows that disruption always comes from without the industry and company culture prevents change. Batteries and charging are wholly suitable as Tesla has demonstrated with the best-selling vehicle in the world and Superchargers capable of adding 75 miles in the time it takes to refuel a ICE, and long 10k km trips in under 10 hrs, as Nyland frequently demonstrates.
BYD is my pick, theres a reason buffet picked it early and the chinese gov backed it(thinning out the competition ) without massive embargos/tariffs we will see a japan like rise of chinese EVs, the battery production is already there. Also US co's already are partnered with co's like byd, so it seems like we just need the US and china to play nice which probably won't happen.
@wisemanofsorts6068 fair, I'd say that's more derisking from China and the overall risk of that. But like I said if we can calm things down and china is the winner 100%. Otherwise us is getting hybrids
They where priced high to start with Dion. It satisfied about 20% of Americans, what about the 80%? Most don't have big wallets. What happened to the starter or low trim models you can order?
The Chinese await US exposure. Tesla answers in 2025 with the $25k BEV, and now with BEVs less than the average cost of an ICE purchase and much lower cost in use. States like California allow superior BEV purchase for $18-24k.
Meanwhile GM cuts DRAMATICALLY back on it's EV aspirations and does a BILLION DOLLAR share buyback. Makes me wonder if that wasn't a Lobbying maneuver for the obligatory bailout around the corner. Hmmmm ... I wonder who in congress is HEAVILY invested in GM currently ??? Sorry I'm jaded like that ... but sometimes the easiest answer, is in fact not just a conspiracy theory.
I lost so much of money on these EV hype train that I invested in almost all EV startups and lost over 20000€ from Fisker Lucid Rivian Faraday Nikola Lordstown Mullen ELMS Proterra Vinfast Nio Polestar Arrival Xpeng etc... many of them on the brink of bankruptcy or are already bankrupt.😢
Really the big plan was to damage all those companies move them to Evie's the EVS were never end goal. Plan was to damage the car manufacturers so people want to use cars anymore
They were born in the peak of "cheap money", and their cars cost too goddam much. Benz cant give away their fleets of $130K EQ series EVs. Lucid just now released it's cheapo model and that is an $80K sedan...no one buys sedans. Rivian is slightly ahead, they just now have an SUV, but again its $90K and no one can afford it. Their cars are much higher quality than Tesla where they compete, but they have no $40K cars to sell and that's where the volume is. Government must give Lucid and Rivian $5B in taxpayer money like Tesla got, that'll allow them to ride out the downturn
Lots of people said it with words. Even more people said it with their money, bidding the company's stock price up to give it a market cap of nearly $29 billion.
I enjoyed this video a lot! Making a car from scratch nearly bankrupted Tesla. The push for EVs seems to be driven by regulators and not the public demand. Really efficient hybrids seem to be the best bridge to get us to the next portable, efficient, clean, and reliable fuel source of the next generation. Using the amount of battery material in 1 car that 50 hybrids could produce, plugging into a grid that is old and still relies on fossil fuels and doing that quickly... just seems too bold to be successful. Let's have a 50 year plan instead of a 10 year plan and develop a bunch of different fuel sources instead: ammonia, hydrogen, clean electric generation, etc.
Latest car sales numbers are out for 2023. Tesla sold 1,800,000 cars, up from 1,300,000 in 2022 and 900,000 in 2021. And Tesla is making a nice profit, with virtually no debt and $22 billion in cash.
@@777Outrigger 1.5 Billion cars in the world. I have never been one to jump on the newest technology. I am happy with my Camry and Corolla, let's see what types of cars are affordable and reliable in 20+ years when I need to replace them.
@@joecowan3719 Tesla will have a $25,000 car in a couple of years. Right now, the Tesla Model 3 RWD is $39,000. My Model Y has been fantastic and has never had any trouble. And I've taken a few road trips, one in the winter. Very easy with 21,000 Superchargers in the country. The tech may be further along than than you're thinking.
@@777Outrigger I am happy you enjoy your car and it fits your lifestyle. I just don't see how the sheer number of cars we require is going to come from batteries that have to be charged by millions of people and do it as quickly as a portable fuel source. We don't have enough raw material in the world to make 1.5B hybrid cars, let alone 1.5B EVs. I am honestly and all of the above type of person, EVs are part of a solution, just not the only piece of the large pie of our future, IMO.
@@joecowan3719 Lithium is one of the most abundant minerals on Earth and massive reserves are being found all the time. Cobalt and nickel are gradually being eliminated from EV batteries. Yes, there are plenty of resources for EVs to replace gas cars, just like the world nearly produces 100 million barrels of oil a day and there's a tremendous amount of mining to build gas cars too. There are plenty of raw materials. The Tesla Impact Statement estimates there is 18 gigatons of mining a year to maintain the gas car fleet and the fossil fuel power grid. It estimates 3 gigatons of mining for an all EV fleet with the grid 100% wind/solar/battery. And I have info on recycling research being done on batteries too, it you'd like.
people are experiencing first hand what you have to deal with to keep them charged I see it all the time people waiting for hrs in line just to charge for an hour
@@DionRabouinWSJ “Businesses fail, first and foremost, because their ideas weren't sold fast enough, and at prices and quantities high enough to survive.” -Grant Cardone
They should have allowed the industry to grow organically: build smaller passenger cars for people who had home chargers and an extra gas car for longer trips; forget remote charging, for now; forget EV buses and trucks (a really stupid idea anyway); no subsidies - there are enough EV nerds to pay for them themselves. Then the industry could grow from there if it makes sense market wise.
But if the government had done that, it's likely China would have completely cornered the EV market because their government has been spending significantly. Then lots of Americans would have wondered why China was making all the top EVs and generating all the growth in the industry. At least, that was the thinking.
Future for EVs look exactly like wishful thinking. Once all off the people who have money and who are obsessed with having a fancy Tesla buy it, sales will decline because you don't go from a horse to a donkey which EV really is, albeit a fancy computer packed donkey.
Don't know why Fisker appears in this video??? Fisker has already delivered 4700 cars in 2023 and is on schedule to deliver at least 20,000 in 2024. Yes short sellers have been attacking the company but Fisker is doing ok and in the Ocean they sell the coolest EV out there.
Now I say why are some volks addicted to $$$$$$$$$$$$the more they get have they are more miserable never enough same for fancy fashions cars homes whatever else just basic first
Video on this I pad no one wants to work is a big lie I want to work do things had a little stroke January 2014 am nursing home life sinc 2 February 2014 soon 10 years here and believe I could of gotten nicer rehabilitation but at nursing not much was done had X-rays mri as I repeat no one so far will do try more for me saying waste of time could be worse if done I donot just yet refuse to give up in past comments I put had november 2008 very bad sepsis last minute to save me from death some volks at nursing home tell me different stories opions on my left side arm tv shows something’s maybe to try do iam never was in medical health business tho in life daily living without trying doctor hospital my dad ems the best medic you learn even tv I pad videos reading newspapers I know something well so far no one will operate what more could be said now but what I have seen on I pad screen is usually done for the average stroke person I have past mentioned how I do work my business two dead family doctors physicians would have done better if also told me where to go if need be I donot like this running around this way so long and not getting nicer health care if possible walking is well I can but problems eating well ok but best if someone sees me do things or was myself to know more really how I am when I get up down move around stiff some then not stiff urinate is not sure get empty always using toilet or bottle my left leg feels not alway right or restrictions going out from home nursing is I say I should get slow easy examinations be told all seen properly I am right handed I did mention early day here so one had made me custome splint for left arm hand elbow troubl te to wear properlyproffessioscxavb paid for my health insurance I sleep ok can not say more now my senorita. Worries about me retired for j)retired medical laboratory examiner skin lady microbiology she says I am never was college degree k to 12grade two schools photo school some doing some freelance news fire police ambulance fire chaser I had to do some law photos aut crashes court cases liquor license photos police photos never jury duty but called for my eye ears for neighborhood watch anytime doing any business just with amigos or travels what else quick calls so I no whatever law learned those were the. Days donot get caught you were sorry no way released so easily four hours later just because a person does what looks one thing how done made fun of or stupid talk then do crime right in front of me two minutes after officer drove by saw me no troubles ever I did my part they went to jail ten minutes later honestyis our yours best policy when done enough seen often are well known mucho less problems had I ignored it all I could be troubles I never needed wanted or get blamed for what I never will do steal to get $$$$$$$$$$ as some seen on I pad screen why volks do stupid things or right but wrong ways beats me I no best where to look work with it all get real wake do it senseable enjoy your day what good is the money if in jail
@ 2:50 , Car prices are exploding, buying a car today is becoming similar to buying a house when you consider how many cars are priced over $50K. Despite all this, the American people, the regular "Joe", will stretch themselves to get these overpriced vehicles. Then you guys have the nerve to complain about inflation.
Unfortunately, for every IPO like Microsoft that turns out to be a big winner, there are thousands of losers. The psychologists Daniel Kahinerman and Amos Tversky have shown when humans estimate the likelihood or frequency of an event, we make that judgment based not on how often the event has actually occurred, but on how vivid the past examples are. We all want to buy "the next Microsoft"--precisely because we know we missed buying the first Microsoft. But we conveniently overlook the fact that most other IPOs were terrible investments. You could have earned that $533 decillion gain only if you never missed a single one of the IPO market's rare winners. ~ Commentary on Chapter 6 of The Intelligent Investor. Pg151
I saw your story on 'Solving the Money Problem' and I was blown away that a mainstream journalist had a thoughtful and unbiased position on Electric Vehicles.
This is not normal. I am hoping that this is the common thread as you build this channel. WE ARE STARVING out here for facts. We are sick and tired of partisan lectures.
Please be one of the few journalists willing to bring us the facts and trust us to decide for ourselves whether is is a positive or negative.
Looking forward to the rest of your content.
Latest car sales numbers are out for 2023. Tesla sold 1,800,000 cars, up from 1,300,000 in 2022 and 900,000 in 2021. And Tesla is making a nice profit, with virtually no debt and $22 billion in cash. ...... And Rivian's costs are falling like a rock and they have a lot of cash. They'll make it too, I believe.
Competition is good.
I still think some kind of extended battery add on solution, like the cyber truck, or interchangeable batteries are needed, as it doesn't make sense to lug around a big heavy expensive battery if you rarely make long distance trips, it adds to environmental strain from road wear and repair, burns through tires collectively, increases the duration and intensities of fires, and finally really fucks resale value.
Dion, excellent and informative presentation. Thanks for exposing the false narrative that EV demand is slowing. Well, that is partially true, but mainly for GM, Ford, Stellantis. Stodgy management, and obstructive and destructive UAW demands are stifling innovation, and delaying efforts to clean the environment.
When your supposed competitor is all in and you hesitate, this is what would happen.
👍🏿 Dion moving the market today.
GREAT ANALYSIS Dion.. ♻️👍🏽📚
Thanks!
They were all (Ford, Dodge, GM, Fed) told in 2004 how to “bring them out correctly” so a lot of problems would not have been seen by the public AND they were told about all the environmental damage that is being done to create EVs but it is plainly obvious no one listed to our three year report. - Your EV sales estimate is only by those who gave income over $250k a year but that is not shown in your report OR the EPA and OSHA regulations reports.
I'd love to see Dion do a playlist of market 101 videos to be able to watch and share
Please say more.
@DionRabouinWSJ I'll admit there's a lot about the market I'm not familiar with. Certainly with a lot of videos I see of yours or anything I read I'll need to research a little. I'd love to see a few minutes of a deep dive on what something like insolvency means and metrics to look for when determining the health of the company's financials. Simply, educational videos in the realm of economics of markets told in your normal style that are 2 to 5 minutes long. I'd watch every one of them.
You are simply fixing the picture of the market. If there are 2-3 successful startups out of 10, this is already a success. By the way, how much EV companies are in China?
The issue here is that of the later-stage EV companies there are 0 out of 10 success stories. Of course, that can change and these companies and their shareholders hope it does. But there's a big difference between 3 and 0. And China is home to lots and lots and lots of EV companies. Many of them are very successful, but it's hard to get a real sense of how successful because they're getting so much government support.
@@DionRabouinWSJ you say about "zero", but I see Rivian, Hummer, Lucid and Tesla which you can buy just today. It is quite enough for Li-Ion technology.
@@RuslanKagirovLucid is not really doing that well. The only EV players making good progress are China, Tesla and Rivian. Even Rivan is facing some struggles. Automaers like VW, Ford and GM are making some progress with EV's, but aren't making money yet.
@@wisemanofsorts6068 It is only a matter of time, which is always needed to develop a new technology, introduce it into production and offer it to the consumer.
@@wisemanofsorts6068 Ford makes one small mistake: his Raptor line looks great. ))).
what about Charging stations? Are they going away too or are they just slowing down in production?
EV's are still growing. Its just everyone tried hoping on at the same time, and there was too much supply.
Companies thought they could make money selling an EV regardless of price and quality. Companies are now learning that quality and price matter. Which is why Tesla did so well.
Charging stations are being built faster now, not slower.
Thanks @@wisemanofsorts6068
The Number of Electric Vehicle Charging Ports in the U.S. Nearly Doubled in the Past Three Years. From the fourth quarter of 2019 to the first quarter of 2023, the number of public and private electric vehicle (EV) charging ports nearly doubled from 87,352 to 161,562.
Tesla has over 20,000 Superchargers and over 10,000 Destination Chargers in US. 99% of all US is within ~ 100 miles of a supercharger. This network is the most reliable and now considered the standard for US charging with stalls being progressively opened to all BEVs.
July 17, 2023: Energy.gov.
Gas stations are in decline, particularly in urban areas. A 2019 report by BCG predicts that 80% of conventional US gas stations could be out of business by 2035.
Check out John Cadogan. Their stock is going in to the toilet.
@@richardweyland116Cadogan is a ICE car sales man. His livelihood is under crisis. Not expert on Tesla stock. Tesla has the best selling car and most satisfied customers and apart from leading the Auto Industry will be the biggest company in the world with a range of compelling products. No stopping them.
Even the world's foremost photography Kodak & others never expected the digital photos & cellphones cameras would destroy their forte.
Americans are buying Tesla's not EV's....
Thanks for the breakdown, interesting market. 😎👍
Glad you enjoyed it
_Sixty to Zero: An Inside Look at the Collapse of General Motors - And the Detroit Auto Industry by Alex Taylor_ is a good read in the aftermath of the 2008 downturn and goes back decades in the coverage of the book and the book does cover all three Detroit automakers.
Billion here or there on a product rollout is not unheard of even in former days terms. Spot on Dion.
Thanks for the recommendation!
Very nicely coordinated outfit! Looks great!
Great content
Many of these companies should have stuck to just making drive trains to retro fit existing cars. Cheaper way than making a whole car.
The opposite is true. EV's need an aerodynamic shape, because batteries is all about efficiency. If you slap an electric motor on a car with the shape of a box, you need a much bigger battery causing a spiral of weight and cost.
@@temper44 The costs will make it easier and quicker to bring to market. Once the revenue is up to par, then there will be funds to start fresh plus all the existing parts and service. Please read again about the costs. There are too many car companies now and why is better to have more? Please tell me.
Betting on compagnies that produces nothing but wind is risky.
Better trust companies that have been building cars for a long time even if they are late on the EV market.
Regarding EVs, range / charging time are a massive issue. Not everyone can charge cars at home.
Plus it takes way too long to charge.
These issues definitely need to be addressed given the state and maturity of the market.
Well, China EV companies are good example of the brand new players conquering the market, competing the old giants and building steady business.
@@Konservator69 Chinese companies are directly supported by the government, so they are not a good example.
So this begs a question.
Do you think Tesla will eventually fall as the others did ?
No OEM nor its dealer structure is interested or able to make and sell competitive. compelling BEVS and lose the subsidies from Government and the Oil industry. Most lobby actively against CO2 legislation, lead by Toyota. History shows that disruption always comes from without the industry and company culture prevents change.
Batteries and charging are wholly suitable as Tesla has demonstrated with the best-selling vehicle in the world and Superchargers capable of adding 75 miles in the time it takes to refuel a ICE, and long 10k km trips in under 10 hrs, as Nyland frequently demonstrates.
BYD is my pick, theres a reason buffet picked it early and the chinese gov backed it(thinning out the competition ) without massive embargos/tariffs we will see a japan like rise of chinese EVs, the battery production is already there. Also US co's already are partnered with co's like byd, so it seems like we just need the US and china to play nice which probably won't happen.
Buffet has almost completely sold his BYD position over the past 12 months though....
@wisemanofsorts6068 fair, I'd say that's more derisking from China and the overall risk of that. But like I said if we can calm things down and china is the winner 100%. Otherwise us is getting hybrids
@wisemanofsorts6068 Profit taking. His 2008 investment of 230 million dollars in BYD was worth around 5 billion dollars by early 2023.
Thanks Dion, looking forward to more of your new year content! 😃❤💯👊
Appreciate it. More to come!
They where priced high to start with Dion. It satisfied about 20% of Americans, what about the 80%? Most don't have big wallets. What happened to the starter or low trim models you can order?
This is what a lot of consumers are asking.
The Chinese await US exposure. Tesla answers in 2025 with the $25k BEV, and now with BEVs less than the average cost of an ICE purchase and much lower cost in use. States like California allow superior BEV purchase for $18-24k.
Monty Python: EVs aren't dead; they're just resting!
They're too pricey and the infrastructure isn't there.
Meanwhile GM cuts DRAMATICALLY back on it's EV aspirations and does a BILLION DOLLAR share buyback.
Makes me wonder if that wasn't a Lobbying maneuver for the obligatory bailout around the corner. Hmmmm ...
I wonder who in congress is HEAVILY invested in GM currently ???
Sorry I'm jaded like that ... but sometimes the easiest answer, is in fact not just a conspiracy theory.
Seems like the usual shake-out in an emerging industry 🤷♂️
Yep. The big question here is which of these companies, if any, will survive.
I lost so much of money on these EV hype train that I invested in almost all EV startups and lost over 20000€ from Fisker Lucid Rivian Faraday Nikola Lordstown Mullen ELMS Proterra Vinfast Nio Polestar Arrival Xpeng etc... many of them on the brink of bankruptcy or are already bankrupt.😢
Hi the hybrid cars and trucks so you have both gas and electric that's the way to go
Americans feeling good about humanitarian child labor and hazardous conditions in the Congo , enjoying replacement of people properties as well .
Keep it coming D!
Really the big plan was to damage all those companies move them to Evie's the EVS were never end goal. Plan was to damage the car manufacturers so people want to use cars anymore
The federal government needs to buy unsold EVs and give them away free.
They were born in the peak of "cheap money", and their cars cost too goddam much. Benz cant give away their fleets of $130K EQ series EVs. Lucid just now released it's cheapo model and that is an $80K sedan...no one buys sedans. Rivian is slightly ahead, they just now have an SUV, but again its $90K and no one can afford it. Their cars are much higher quality than Tesla where they compete, but they have no $40K cars to sell and that's where the volume is. Government must give Lucid and Rivian $5B in taxpayer money like Tesla got, that'll allow them to ride out the downturn
That sweet, sweet taxpayer money does fix a lot of problems.
would you sit on your cell phone how about 10 thousand batteries not so good toasted nuts
That also concerns me must be analyzed for cancer risk
Which is true of 99% of car companies ever created
who said nikola was next big thing?
Lots of people said it with words. Even more people said it with their money, bidding the company's stock price up to give it a market cap of nearly $29 billion.
Nikola's founder Trevor Milton 😂😂😂😂😂😂
I’m buying a 1967 corvette 😉
People who think that electric vehicles are the future are delusional. Gas vehicles will always be better
I enjoyed this video a lot! Making a car from scratch nearly bankrupted Tesla. The push for EVs seems to be driven by regulators and not the public demand.
Really efficient hybrids seem to be the best bridge to get us to the next portable, efficient, clean, and reliable fuel source of the next generation. Using the amount of battery material in 1 car that 50 hybrids could produce, plugging into a grid that is old and still relies on fossil fuels and doing that quickly... just seems too bold to be successful. Let's have a 50 year plan instead of a 10 year plan and develop a bunch of different fuel sources instead: ammonia, hydrogen, clean electric generation, etc.
Latest car sales numbers are out for 2023. Tesla sold 1,800,000 cars, up from 1,300,000 in 2022 and 900,000 in 2021. And Tesla is making a nice profit, with virtually no debt and $22 billion in cash.
@@777Outrigger 1.5 Billion cars in the world. I have never been one to jump on the newest technology. I am happy with my Camry and Corolla, let's see what types of cars are affordable and reliable in 20+ years when I need to replace them.
@@joecowan3719 Tesla will have a $25,000 car in a couple of years. Right now, the Tesla Model 3 RWD is $39,000. My Model Y has been fantastic and has never had any trouble. And I've taken a few road trips, one in the winter. Very easy with 21,000 Superchargers in the country. The tech may be further along than than you're thinking.
@@777Outrigger I am happy you enjoy your car and it fits your lifestyle. I just don't see how the sheer number of cars we require is going to come from batteries that have to be charged by millions of people and do it as quickly as a portable fuel source. We don't have enough raw material in the world to make 1.5B hybrid cars, let alone 1.5B EVs. I am honestly and all of the above type of person, EVs are part of a solution, just not the only piece of the large pie of our future, IMO.
@@joecowan3719 Lithium is one of the most abundant minerals on Earth and massive reserves are being found all the time. Cobalt and nickel are gradually being eliminated from EV batteries. Yes, there are plenty of resources for EVs to replace gas cars, just like the world nearly produces 100 million barrels of oil a day and there's a tremendous amount of mining to build gas cars too. There are plenty of raw materials. The Tesla Impact Statement estimates there is 18 gigatons of mining a year to maintain the gas car fleet and the fossil fuel power grid. It estimates 3 gigatons of mining for an all EV fleet with the grid 100% wind/solar/battery.
And I have info on recycling research being done on batteries too, it you'd like.
people are experiencing first hand what you have to deal with to keep them charged
I see it all the time people waiting for hrs in line just to charge for an hour
Yikes.
FUD.
Make 💩 that people want or fail, simple as that😎
I cannot find fault in your logic here
@@DionRabouinWSJ “Businesses fail, first and foremost, because their ideas weren't sold fast enough, and at prices and quantities high enough to survive.”
-Grant Cardone
Yes it looks very bad for Tesla!
Pro tip: Watch the video before leaving a comment.
They should have allowed the industry to grow organically: build smaller passenger cars for people who had home chargers and an extra gas car for longer trips; forget remote charging, for now; forget EV buses and trucks (a really stupid idea anyway); no subsidies - there are enough EV nerds to pay for them themselves. Then the industry could grow from there if it makes sense market wise.
But if the government had done that, it's likely China would have completely cornered the EV market because their government has been spending significantly. Then lots of Americans would have wondered why China was making all the top EVs and generating all the growth in the industry. At least, that was the thinking.
Future for EVs look exactly like wishful thinking. Once all off the people who have money and who are obsessed with having a fancy Tesla buy it, sales will decline because you don't go from a horse to a donkey which EV really is, albeit a fancy computer packed donkey.
*Not Anymore 😂😂
Don't know why Fisker appears in this video??? Fisker has already delivered 4700 cars in 2023 and is on schedule to deliver at least 20,000 in 2024. Yes short sellers have been attacking the company but Fisker is doing ok and in the Ocean they sell the coolest EV out there.
Fisker is in the video because the company's value has declined by around 85% over the past year.
Why? Simple. US EV Cos want to make money, and maybe cars...Tesla makes EVs and maybe money. Get it, genius. Product, then profit...Biz 101.
Now I say why are some volks addicted to $$$$$$$$$$$$the more they get have they are more miserable never enough same for fancy fashions cars homes whatever else just basic first
Video on this I pad no one wants to work is a big lie I want to work do things had a little stroke January 2014 am nursing home life sinc 2 February 2014 soon 10 years here and believe I could of gotten nicer rehabilitation but at nursing not much was done had X-rays mri as I repeat no one so far will do try more for me saying waste of time could be worse if done I donot just yet refuse to give up in past comments I put had november 2008 very bad sepsis last minute to save me from death some volks at nursing home tell me different stories opions on my left side arm tv shows something’s maybe to try do iam never was in medical health business tho in life daily living without trying doctor hospital my dad ems the best medic you learn even tv I pad videos reading newspapers I know something well so far no one will operate what more could be said now but what I have seen on I pad screen is usually done for the average stroke person I have past mentioned how I do work my business two dead family doctors physicians would have done better if also told me where to go if need be I donot like this running around this way so long and not getting nicer health care if possible walking is well I can but problems eating well ok but best if someone sees me do things or was myself to know more really how I am when I get up down move around stiff some then not stiff urinate is not sure get empty always using toilet or bottle my left leg feels not alway right or restrictions going out from home nursing is I say I should get slow easy examinations be told all seen properly I am right handed I did mention early day here so one had made me custome splint for left arm hand elbow troubl te to wear properlyproffessioscxavb paid for my health insurance I sleep ok can not say more now my senorita. Worries about me retired for j)retired medical laboratory examiner skin lady microbiology she says I am never was college degree k to 12grade two schools photo school some doing some freelance news fire police ambulance fire chaser I had to do some law photos aut crashes court cases liquor license photos police photos never jury duty but called for my eye ears for neighborhood watch anytime doing any business just with amigos or travels what else quick calls so I no whatever law learned those were the. Days donot get caught you were sorry no way released so easily four hours later just because a person does what looks one thing how done made fun of or stupid talk then do crime right in front of me two minutes after officer drove by saw me no troubles ever I did my part they went to jail ten minutes later honestyis our yours best policy when done enough seen often are well known mucho less problems had I ignored it all I could be troubles I never needed wanted or get blamed for what I never will do steal to get $$$$$$$$$$ as some seen on I pad screen why volks do stupid things or right but wrong ways beats me I no best where to look work with it all get real wake do it senseable enjoy your day what good is the money if in jail
BAN EVS!!
Cancel ev.
No evs aren't dead, the batteries are getting low though!
Quality commentary!
@ 2:50 , Car prices are exploding, buying a car today is becoming similar to buying a house when you consider how many cars are priced over $50K. Despite all this, the American people, the regular "Joe", will stretch themselves to get these overpriced vehicles. Then you guys have the nerve to complain about inflation.
This is harsh, but I'm struggling to find the lie.
Unfortunately, for every IPO like Microsoft that turns out to be a big
winner, there are thousands of losers.
The psychologists Daniel Kahinerman and Amos Tversky have shown when humans estimate the likelihood or frequency of an event, we make that judgment based not on
how often the event has actually occurred, but on how vivid the past
examples are.
We all want to buy "the next Microsoft"--precisely
because we know we missed buying the first Microsoft. But we conveniently overlook the fact that most other IPOs were terrible investments. You could have earned that $533 decillion gain only if you
never missed a single one
of the IPO market's rare winners.
~ Commentary on Chapter 6 of The Intelligent Investor. Pg151
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