6 Comments

Good, informative article. Thanks. One clarification: Musk did not start Tesla. He bought into it, perhaps because of GMs decision, but he did not start it. That being said, Tesla's original founders would have never accomplished what Elon has with the company. Not in their wildest dreams.

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Great essay on Detroit's rooted ineptitude and incompetency.

However, the same case can be made for most of the car OEM manufacturers and I expect over time that most of the them will disappear and sink in the bottom of sea .

We're shifting rom a ICE individually owned car to public digital mobility TaaS , Transport as a Service and Taxi robots electric powered by a nuclear power grid.

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A nuclear power grid is unlikely despite its obvious advantage of reliability. For the next century, fossil fuels will continue to provide the electricity we consume and the pretense that wind and solar can displace fossil fuels is nonsense. Nuclear is the future but there are too many voters who oppose it.

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That last paragraph of yours is a doozy. The topic of ICE and EV‘s is so polarizing. The climate alarmists in society pay next to zero attention to the heavy carbon manufacturing footprint of EV‘s. Volvo stated it was 70% higher than an ICE.

The reality is, western governments want to take away the vehicle from all their citizens. Grids can’t even accommodate a 1/3 adoption to EVS and with 90% of rare earth elements in China, we certainly don’t want to be reliant on that country either.

Perhaps urban centres will eventually get to some thing approaching your last paragraph. Rural Canada on the other hand will not.

My mother lives in West Toronto and two years ago her building was told it would cost $100,000 to upgrade the power capacity of the building in order to install four new chargers. I would hazard to guess that price would now be at least 15% higher.

I’m also aware that certain buildings have now banned EV‘s based on the difficulty of putting out a fire once it begins.

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Recently in England and their motorway pit stops have Tesla charging stations, not generic , Tesla! It’s becoming the standard . Standards are powerful .

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Jun 19, 2023
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No. The stock seems too expensive for me. I am a buyer in the $100 - $150 range.

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