Deliberately Misevaluating the EV Adoption Curve
It’s pathetic to see garbage like this (at left).
General Motors sold 6 million gas-powered cars and light-duty trucks last year. Their target for 2026? Zero. Not a single one.
GM, market cap $46 billion, has placed 100% of its chips on electric transportation. It would be interesting to know what percentage of $46 billion the brave little author of the “20 Reasons” piece here has in the game.
I get, on average, one solicitation per day, telling me what a fool I’ll be if I don’t “make my fortune” investing in the next oil boom. Big Oil continues to target idiots to jump into the industry. And, let’s be clear, there are tens of millions of prospects for them, in the U.S. alone. Whether these people have two nickels to rub together (or two brain cells) is anyone’s guess.
The “boom” is obviously not going to happen, and anyone who wants to profit from the suffering and death of Earth’s life forms needs to hope, in earnest, that there is no hell.