Bwhahahhahah. Tesla to dominate the car market? Tesla is a niche product everywhere except California. As more car manufacturers launch EV, Tesla will be the modern day Saturn. You think ford, dodge, Toyota, GM, Honda will just disappear after decades of being in the automobile market vs Teslas 12 years in the market?The car industry would eventually be dominated by Tesla and Alphabet, just like the phone industry is now fully dominated by Google (over 85% market share). Alphabet would NEVER support CarPlay, so, if CarPlay cannot establish a co-defense line with Tesla, against Alphabet, it would gradually diminish, no matter how many other companies it works together with at present.
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No one is “buying” a car with the hopes of making a profit at the end of its life. Cars are depreciating asset. You don’t purchase a car as an investment. It’s a luxury item.You realize you'll never be able to sell that car, right? Norway jumped from having 3% EVs just six years ago to 64% today - thus far the US has been lagging behind Norway by about six years, meaning that come 2026 when you're thinking about selling that car, the market for a non-EV will have contracted by 2/3rds.
In Norway, they take used gas powered cars and export them to other countries, because demand is so low in that country that paying thousands to ship to another country is worth it.
Come 2026, the markets that gas powered cars can be exported to will be dramatically reduced. Maybe you'll be able to break even shipping it to Mexico. Maybe not - with oil demand falling out of the sky, the infrastructure is going to be a good deal more expensive and reduced. A luxury for the rich, meaning poorer nations may shun gas powered cars even quicker than the US.
You're basically buying the last Blackberry now.
Never be able to “Sell” the car. Someone would by a 2020 car in 2026 for $500 I guarantee it. That’s me “selling” it.
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