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re: Exxon was the world's largest company in 2013. Now it's being kicked out of the Dow
Posted on 8/26/20 at 12:29 am to Dawgwithnoname
Posted on 8/26/20 at 12:29 am to Dawgwithnoname
quote:
Until batteries get better and cheaper, it's unneeded technology
Batteries are getting better and cheaper every day.
I’ll never understand how free market people all of a sudden think they’ve found some insurmountable problem the market can’t solve. Yall sound like people at the turn of the century saying there will be no use for cars, horses will always be the key!!
Tesla is the future, DWI. And it has little to nothing to do with climate change so leave your politics at the door.
4
Posted on 8/26/20 at 12:39 am to Cold Drink
quote:
Tesla is the future
They make a nice vehicle.
But, their valuation is insane.
It's wayyyyy overpriced.
shite, musk called it overvalued at $600/share. It's $2,000 now.
Could electric be 25% of global vehicles in 20 years? Sure.
But, Tesla is valued as if that's 100% and they are only player in the game.
Posted on 8/26/20 at 6:59 am to Cold Drink
quote:
Yall sound like people at the turn of the century saying there will be no use for cars, horses will always be the key!!
The problem is energy yields. We will have to get there at some point as oil is finite but there’s a reason it’s so widely used in the world. The laws of thermodynamics are hard to get around even for people like musk.
Posted on 8/26/20 at 9:11 am to Cold Drink
quote:
Batteries are getting better and cheaper every day.
They are, but the most efficient and effective way to get these rare earth metals is strip mining and utilizing toxic chemicals to separate them mostly from the ore in the field. A lot of these special/rare metals are in China and in Africa.
Will environmentalist accept these necessary pollutants or will they call for the same environmental regulations we have in the US and EU and then pay the subsequent tripling in price?
Posted on 8/26/20 at 10:13 am to Cold Drink
quote:
Batteries are getting better and cheaper every day.
I’ll never understand how free market people all of a sudden think they’ve found some insurmountable problem the market can’t solve. Yall sound like people at the turn of the century saying there will be no use for cars, horses will always be the key!!
Tesla is the future, DWI. And it has little to nothing to do with climate change so leave your politics at the door.
Very well will be the future but there is NOTHING Tesla can do to replace the products hydrocarbons make which are in the thousands that every day people around the world use.
Vehicles, planes, boats, etc are one thing but hydrocarbons also create products.
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