
A friend got a rental of a Tesla over the holidays. Itโs undoubtedly the industry standard for EVs and a complete blast to drive. The problem: Itโs not a practical car at all. He was driving in the cold, and the car was nearly drained after two hours. Searching for a charge was no easy task. The first one didnโt work. The second one stated that it would be charged in 10 hours, which he didnโt have. The third one charged in one hour but that was a full hour wasted.
His conclusion: This is indeed a glorified golf cart designed to keep you at home and under the thumb of the manufacturer. And this is just a test. The repairs are worse. Keep in mind that this is the best the industry has to offer. The other manufacturers of these things make products not nearly as high-rated, which is why so many of them are sitting on lots unsold and why orders for the machines are plummeting.
It seems like the EV craze has peaked already. Growth in gas cars is now far higher than electrics, flipping a trend from 12 months ago. Finally, consumers are figuring it out. This is a good second car, provided youโre driving in your own town, you have a hook-up at home and can charge it overnight, and you donโt suddenly have to go out of town. Itโs a toy, sometimes a fun one, but not a real car. For that, you need gas.
The idea that this car is going to transition the United States to โclean energyโ is absurd. If every car were electric, the grid would crash and rationing would be the norm. And maybe thatโs the whole point. You drive only with permission. Nothing about your transportation is within your control. Authorities will decide everything for you. Itโs a perfect strategy for creating a society of dependents.
Fortunately, consumers arenโt playing along. We still live with the remnants of a capitalist system whereby manufacturers have to make profits. So thatโs a serious problem for the whole industry. It could very well collapse in 2024.
Fortunately, consumers arenโt playing along. We still live with the remnants of a capitalist system whereby manufacturers have to make profits. So thatโs a serious problem for the whole industry. It could very well collapse in 2024.