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RE: Bitcoin's Rally above $5000 isn't the Real Story, Ethereum is
I think you are wrong. Electric cars are gaining huge popularity. Plenty car manufacturers have agreed to manufacture only electric by 2020:
https://www.theguardian.com/business/2017/jul/05/volvo-cars-electric-hybrid-2019
https://www.theguardian.com/business/2017/sep/07/jaguar-land-rover-electric-hybrid-cars-2020
And in the UK, there will be a ban on Petrol and Diesel cars in 2040:
Tesla are offering fantastic benefits to attract new customers as Elon understands that many people are late adopters.
and where government subsidies are removed sales drop to zero.
I do like BMW's electric car lineup and technology. Tesla is close to a ponzi scheme at this point. Volvo is a dying brand. The EU will likely not exist by 2040. I do think there's a future in electric cars, but, I don't think Tesla is the future.
In fact, I'll bet on Ford, Toyota and BMW first over Tesla. Tesla is literally a scam. They've taken 450,000 pre-orders for the Model 3, are burning cash and people and still can't even come close to hitting their production or cost targets.
As a lifestyle vehicle, it's interesting. As a consumer product, leave that to the guys who know how to actually build cars.
We'll see who's right.
and the next level of Tesla's production woes.
http://www.zerohedge.com/news/2017-10-16/bizarre-reason-why-tesla-struggling-ramp-model-3-production
A company is only as good as its management. And if management can't hire people who know how to weld steel, it is a real problem.
Leadership matters.