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Joined 1 year ago
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Cake day: October 25th, 2023

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  • It will not decrease that much. Also doesn’t go up that much because the shale oil in the US will ramp up production.

    If the price decrease, at some point it will, the Middle East is the place that cost the least to produce oil, so everyone goes out of business except them. Prices will be around 50 to 100 dollars for some time.

    The bigger advantage would be politic, Middle East and other oil producers can influence US politics because US consumers buy gasoline, it’s one of the few commodities that people buy directly and are very sensitive to price volatility. If people switch to EV will care less about the price, the same way no one knows the price of the lithium today or yesterday.


  • I believe the current media coverage is overly focused on electric vehicles, while demand for the majority of business and products is experiencing a downturn due to the ongoing crisis.

    Despite this, VW and the ID.3 are underperforming compared to the market. This is likely due to consumers either opting for more affordable non-electric brands and alternative ICE vehicles (driven by price incentives and dealer push), or, for those willing to pay more, choosing Tesla.

    From an external perspective, it can be challenging to grasp VW’s ultimate goal. However, it’s possible that this underperformance is intentional, as VW still has a long way to go in EV development. Selling at or near a loss at this stage might be a strategy to limit short-term sales in favor of long-term success.