Stocks

[Iceaxe]

Are Electric Vehicles The New Edsels?

What is weird about the debate over electric cars is that everyone (especially in Washington) is for them – except (most of) the people who actually buy and drive cars.

We have nothing against EVs, but all of this nonsense about Americans transitioning from gas-powered to battery cars seems fantastical to us. The Biden projections are that by 2035 nearly every car on the road will be electric.

We were struck by the analysis below showing the dispersion rate of great inventions over the past 100 years or so. The flat line at the very bottom of the chart is consumer adoption of electric vehicles. Battery-operated cars have been available for many decades, but no technology has been slower to catch on than EVs. As we’ve mentioned before in the HOTLINE, less than 2% of cars on the road today are Teslas or the like.*

So at least for the next two decades, Americans will be using tens of billions of gallons of gasoline, and we’re all in for making sure that this energy comes from Texas, Oklahoma, West Virginia, and North Dakota – not Russia, Iran, and Saudi Arabia.

[rockgremlin]

I was going to buy some stocks of Tesla the other day but the whole situation on the stock market is somewhat unstable. A lot of analysts say the we are about to witness one of the greatest collapses in history. Hope they are wrong.

You need to stop reading the news. All "the news" is is directed propaganda designed to create fear in the masses. This fear is what makes hedge funds BILLIONS of dollars every year from ignorant investors like you who sell all their stocks in anticipation of a crash.

[BasinCruiser]

What are some sure crack pipe manufacturing companies to invest in?

AFAF

[Iceaxe]

What are some sure crack pipe manufacturing companies to invest in?

AFAF

That's the problem, they are all Chinese companies. Why would the Biden administration support American manufacturing?

[Iceaxe]

The stock market just took a giant sh!t today.

I'd like to kick Biden, and everyone that voted for him, right in the nuts.

[BasinCruiser]

They stock market has tanked more in the last week than it did when China Virus broke out. The market has more faith in a pandemic than it does in Bidens economy.

[BasinCruiser]

[BasinCruiser]

[Kenny West]

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Thanks a lot for sharing!

[Kenny West]

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