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re: Electric Cars Are An Expensive Scam
Posted on 7/1/23 at 10:12 am to Placekicker
Posted on 7/1/23 at 10:12 am to Placekicker
Selling at a loss is part of the barriers to entry and most knew this going into the game. Problem is the economies of scale still haven’t caught up despite the huge increase in demand during, and immediately post, Covid. Now that the elasticity of the market is contracting, how will manufacturers profit? I’d be willing to wager a bet come 2035 when all vehicles are manufactured are supposed to be EV you’ll see a monumental price increase making the $100k ICE pick-up seem like a cheap alternative.
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