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And then you start running the numbers for 100s of millions, if not billions world wide, with respect to the battery situation, and you realize big oil and the ICE, is going to be around and dominate for a very long time.
These electric vehicles are basically toys for rich people.
In other news I just started a project at work reverse engineering the Model 3 switch reluctance motor. The thing is trick
The Shop
Tesla has already paid back their Advanced Technology Vehicles Manufacturing Loan (with interest).
They are very close to losing their federal tax EV credit that's available to all manufacturers for their first 200,000 Electric Vehicles. So Tesla is getting no more or less than the other automakers and soon GM/Ford etc will benefit from it when Tesla no longer can. Soon a Tesla will by default of the program suddenly become $7,500 more expensive than any other manufacturer's EV products.
The $7,500 credit for the first 200,000 vehicles only amounts to 1.5 Billion. The US government spent 80+ billion between 2008 and 2014 on the automaker bailout of GM, Chrysler and Ford and overall lost 10+ billion on the program after they divested their ownership stakes.
So please, please tell me more about how Tesla only exists because of government subsidies. Because the facts sure do seem to be at odds with your opinion.
This thing is badass.
The percentage of people where they drive less than 300 Miles in a day for 95% of their car ownership.... I would guess about 95%+ of private vehicle owners.
Its well and truly ready for the masses just not for some niche buyers with very specific needs
You know that Americas love for the car and freedom it gives you was driven (no pun intended) by the governments massive investment in building the interstate system. America is literally built on the government investing in its people.
Tesla sells cars in America, those americans use those cars to drive places to buy things to participate in the economy while also specifically participating in new and emerging sectors of the economy. Coupled with the fact that those tax breaks allow the company to stay in the black during early spending and many cars overseas. So thats America investing in its people for their benefit and from a trade point of view create a high dollar trade product. F150s only sell in America so for the government to give a rebate to them it has no long term positive effect. Nobody wants them.
In black.
Then take a nap...go for a walk...find some dogs to pet...
I have a feeling this will probably happen less frequently than with ICE vehicles, and for several reasons:
First, EVs and their owners are very range-aware. New owners often have "range anxiety" which quickly disappears as they become more familiar with the car and realize it's not an issue. The vehicles themselves are smart vehicles and can tell you exactly where charging stations are relative to you, which ones you have the range to reach, and exactly what time you will get there.
Secondly, the network of charging stations along major highways is rapidly expanding in North America and around the world. This trend will probably accelerate as the number of EVs increases. Here is a map of Supercharger stations that are in place or being installed in North America.
Also, an important point to remember is that EVs charge using electricity via an electrical outlet (110v or 220v), which is available at virtually every house/office/store. While nowhere as quick as a Supercharge station, you can recharge almost anywhere there is electricity using a portable charger (just like with your phone.) And as more homes have charging stations installed (similar to installing a dryer outlet) this will become even easier. It will become more similar to charging your phone than filling a vehicle with fuel.
Third, the rapid advances in battery technology WILL continue to extend the range of EVs. This will render the need for charging stations less pressing for almost everyone. They are already getting so good that it is quickly becoming more a question of how much range do you want in your car or truck when you order it. Actually, it is already that way with the Cybertruck. Ranges of 250 miles, 300 miles and 500 miles are all options.
Pit Row
Ford took 5.9 billion in tarp funds that they expect to have repaid by 2022. They had initially requested 9 billion in bailout funds, but were denied. .
i still fail to see how Tesla is purely a product of government subsidies. Especially in light of how they've received fewer subsidies than either their domestic competitors or the oil industry that fuels their competitors.
Also not only will battery capacity increase but so will efficiency of the power train and usage management, efficiency of the vehicles aerodynamically, tyres will become more efficiency reducing rolling resistance, and charging speed.
The Tesla model 3 range is only about 10% below a BMW 323 and its only getting better and better. Tesla is the leader in EV efficiency and through engineering and computer efficiency they will be there within 2 yrs.
In the meantime Hybrids are the answer for people that need long range and fuel efficiency
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