I am seeing a lot of negative articles on EV’s lately. They are using the slowdown in EV sales as a result of people abandoning EV’s. Yet I believe the slowdown is from high interest rates, inflation on everything, and people don’t have as much money right now because of inflation.

I just seen an article saying the true cost of running an EV is the equivalent of $17.33 a gallon, based on infrastructure, charging equipment, subsidies, etc. This kind of talk makes me sick, feels like some are pushing against EV’s in a big way, twisting the truth.

Coming from true EV owners what do you all think of this?

  • acksed@alien.topBEnglish
    1·
    1 year ago

    Welcome to Tesla’s situation, where the Fear, Uncertainty and Doubt never stopped coming, where the stock was the most shorted in the entire world, the CEO/CTO looks like an actual idiot and yet the bastard company still keeps pumping out electric cars.

    Put it like this: the more established car companies are being forced to subsist on a vegetarian diet, and not finding it to their taste.

    The oil companies are seeing a future where they are forced to eat razor blades, plastic and cheap solar. And then die of blood loss and starvation.

    And it’s spreading! They got Volkswagen! They got Kia! Mercedes-Benz stopped making engines in Germany! Climate change? Fuck that, I want to live!

    So the paid-for studies continue.

    • roneyxcx@alien.topBEnglish
      1·
      1 year ago

      To my understanding Tesla has higher short interest because it trades at 58 x 2024 estimated earnings. Meanwhile S&P 500 is around ~18x. Also Tesla only has 2-3% short interest, it is only high when you compare it against other automakers but when you compare it against their P/E ratio you will understand why that is the case.

    • Temporary-Mammoth848@alien.topBEnglish
      1·
      1 year ago

      Oh no won’t someone think of the billion dollar company!

      And it’s spreading! They got Volkswagen! They got Kia! Mercedes-Benz stopped making engines in Germany! Climate change? Fuck that, I want to live!

      Also just switching vehicles over to EVs is not enough to combat climate change. We need more public transportation. The mining for materials needed to make EVs isn’t exactly clean.

      The oil companies are seeing a future where they are forced to eat razor blades, plastic and cheap solar. And then die of blood loss and starvation.

      You do know that oil is used other things than fuel, right? It’s used to make plastics, the thing Tesla’s interiors are covered in, even their seats. That’s not going away any time soon.