This isn’t the first example of politicians not understanding science/tech. Newsom’s 100% EV sales by 2030 has spawned a bunch of copycat policies across the US, and collectively utilities are grasping at how they are going to support all this EV charging. I remember when it was announced, there was honest disbelief amongst my network on how the grid could support this. But stretch goals help the world get there, otherwise without any sort of push innovation doesn’t occur. So, CA is going to be a HOT MESS for a while, and electric rates through the roof, but we will get there.
I think that EVs are going to be the wedge that will bring about the death of the current utility business model and that we are going to transition to more decentralized grid model built upon more of a blockchain/smart contract situation. But this is a 30 year prediction. I do think there is going to be a lot of pain getting there, based on what I know.
EV is a scam. Unnecessary, unacceptable and unachievable . Hybrids get us 90% there without all the disruption and costs with charging stations. The real stupidity is banning natural gas in new homes. Electricity is expensive and inefficient for heating homes and hot water. Politicians playing scientists is ridiculous. The whole global warming religious movement is run by anti American anti capitalist fanatics. They already forced out nuclear plants that could have helped us with CO2 reduction more than anything. I don’t believe anything that comes from the mouths of environmentalists or anyone in the EV industry.
More nukes and hybrids. EV and solar are overhyped crap
Either way, charging grids and much more demand for electricity is coming. They will be forced to build nuclear plants. It’s inevitable. Been buying URA since Biden got elected.
I dont know how to more violently agree. Also nuclear is “clean” baseload. Solar and wind will not be able to be baseload for a while until long duration storage works out (many years in the future)
Plug-in hybrids are pretty awesome. Imagine an F150 with 100 mile electric range + a 4-cylinder gas powered range extender that would get you 400 miles total range. I would take that over a pure EV any day.
I’m mooching off the taxpayer with the credits and going solar at my desert getaway. If I don’t run the AC when I’m not there the place can approach 100 when I arrive with all the floors and walls at that temp. I blew a capacitor on the heat pump trying to dump all that heat. Under warrenty but still. I’ll run it full time at a setpoint of 80 once I get the panels and just dial it down some when I’m there.
Also hybrids won’t be the future either. EV’s will get much cheaper than ICE cars in the future. Batteries price are scaling down exponentially, and most of EV’s cost goes to batteries. EV’s are much simpler mechanically than ICE cars, having far fewer moving parts. Hybrids are still stuck with an ICE, and have both the complexity of ICE and EV. It’s the worst of both worlds.
If price of EV’s go near or below 10k by 2030, all the talk of ICE cars’ advantage is mute. Nobody will pay 35k for an ICE Camry if they can get an EV Accord for 15.
EV cars heavy. more expensive tire and rim setup. than long term suspension reliability. ICE cars you can keep for 20 years or more. I doubt EV goes beyond 10 years without expensive battery and suspension.
You are late to the party. @Zeapelido joined in time to make a 7 bagger while @wuqijun bags 100x? (can’t remember his basis). Look for the next big trends. Tell me NOW. No ifs or buts or may be, please. Anyway, you posted something about U (Cathie, Beth, MF), I presume you think is AR/VR. I bot 300 U, could have bought more have you not posted Panda’s top killer post. If turned out true, I will give you a few dim sum lunch, only issue is has to wait for me to return to CU for vacation. Ofc, I am benevolent, doesn’t mind that you cause me to make a lot less, I will credit you with the recommendation.
TSLA? Only a couple of multiple left, need 10x minimum with the potential of 100x. Give me a few names. I have started betting on U (hell frozen over, I sold AAPLs to buy 300 U in a buy n hold account). What else? Remember buy n hold potential, not trading, trading just trade TQQQ.
