Old Rocks
Diamond Member
Go to a machine shop, and ask what it will cost to build one V-8 engine. The ask an industrialist to build a factory to produce 100,000 engines, and see what that will cost. Now ask that same industrialist to build 50,000,000 engines. The EV's are currently at the 100,000 scale. With that factor in Reno, Musk is trying to jump start the industry to the million scale. The batteries are going to come down significantly in price.
I get that Ray, but if you look at total sales of gas powered vehicles vs hybrid and EV's......only account for 3.6% total ( and thats a reduction from last year ) in the market.
WHen it gets to 15%-20%, its made a real dent............but right now, sales are dropping. Most people are not moved by the prospect of owning an EV.
And that percentage was what 5 years ago?