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I love EVs but I just don't see this happening. There's one charging station at my grocery store with 2 plugs and it's always taken. What will happen when every car in the parking lot is an EV? People in apartments and condos can't charge where they live so they'll have to depend on public stations and those are few and far between.
The wait time for an EV has been months due to labor and parts shortages. How are they supposed to make every new car an EV if they can't even keep up with the low demand now? I read something like there isn't enough lithium in the world for all the batteries. ICE cars last decades but EV batteries have a shelf life of what, 8 years? Then you have to buy a new one?
There are so many anti EV, gas enthusiasts out there. Every EV article or ad I see on social media is filled with anti EV comments.
It's winter now and range drops significantly. The most popular car in America is the Ford F150 and most of those owners don't want the EV version. The F150 Lightning towing range is only 77 miles or something abysmal, and that's in warm weather.
Until EVs cost the same or less than ICE vehicles, they will not be adopted by the masses.
Agree. All the states pushing for 100% EV by 2035 are places with year-round mild climates. 100% EV is never going to happen in the remaining 50% of the country that has cold weather until a) real-world range in subzero temps is 300+ miles, b) charging time is equivalent to gas station refueling. Also, lawmakers are not factoring in that we are seeing raw material shortages that are getting worse as EV adoption increases, which continues to push EV prices in the wrong direction. Unless we get a breakthrough in battery technology, there will be a breaking point before 2035 and they will be forced to backpeddle.
Hybrids are a much better interim solution to the problem.
Tesla insider buys from 2018 to today. Red circles are insider sales (the larger the circle, the larger amount of shares sold). There has not been a single insider buy since 2020. If insiders don't have confidence in the stock, why are retail buyers scooping it up? We're still far from the bottom, IMO.
Agree. All the states pushing for 100% EV by 2035 are places with year-round mild climates. 100% EV is never going to happen in the remaining 50% of the country that has cold weather until a) real-world range in subzero temps is 300+ miles, b) charging time is equivalent to gas station refueling. Also, lawmakers are not factoring in that we are seeing raw material shortages that are getting worse as EV adoption increases, which continues to push EV prices in the wrong direction. Unless we get a breakthrough in battery technology, there will be a breaking point before 2035 and they will be forced to backpeddle.
Hybrids are a much better interim solution to the problem.
Cold ass Massachusetts also won't allow new gas cars in 2035 which is impossible. I can see this play out just like the masking and vaccine mandates. No one is going to have any of it and keep their gas cars. They'll just buy them over the border in New Hampshire. "My car my choice." 13 years will be here faster than we know it. 2009 feels like yesterday.
Tesla insider buys from 2018 to today. Red circles are insider sales (the larger the circle, the larger amount of shares sold). There has not been a single insider buy since 2020. If insiders don't have confidence in the stock, why are retail buyers scooping it up? We're still far from the bottom, IMO.
Because retail investors read threads like this with crazy price targets like $420 in 2023. Who wouldn't want to get rich quick and 3x their money in less than a year?
Another crazy price prediction. $420 really, why has Elon been selling all year then? If he can triple his money in less than a year then shouldn't he be backing up the truck...
I didn't make a prediction, I stated price targets based on earnings estimates and growth rates.
Maybe my order at $100 will fill this year after all
Staying short past $100.
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