I always enjoy reading about EVs, especially the Tesla series. If I
were younger I would have signed up to work for Mr. Musk, and if I had
the money I would be driving around in 10% of my then net worth. But I
didn't and I don't, and it's probably for the better since I probably
would have been fired for not "drinking the Kool Aid".
The more I
look at the numbers, the more I wonder who is the target market for
these things. It can't be someone who makes less than a quarter million USD
per year, it can't be someone with less than a million in disposable
income, it can't be someone who owns less than three cars, it can't be
anybody living in an apartment building, coop, or condo, it can't be somebody who feels that driving four hours and waiting nearly another hour to continue the journey is a practical use of their time,
and it certainly can't be someone who's done the math and feels that
investing a hundred grand in a wasting asset whose operating and life
cycle costs are equal to or greater than the alternatives is a wise
business decision.
No, it's got to be some who wants, and can
afford, the "I'm cool, look at me..." factor, and is looking to make
that statement any way he/she can, and that market is very thin and
competitive, comprised of less than 3% of the population. (As a quicky
survey, are there any registered CR4 members who actually own a Tesla? No APs please.)
That being said, there's got to be more to Elon's vision than he's letting on to, and that's the part that I would enjoy being privy to. As a "dyed
in the wool" electric utility power engineering guy I think that "I get
it", and I just wonder how all the Musk supporters out there are going
to feel when down the road a piece he starts announcing that he is
joining forces with the major power producers to help, not hurt, their
expansion efforts. These are indeed exciting times that we live in.
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