Comments by "Mark Armage" (@markarmage3776) on "Business Insider"
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@lazarus2691 No, pal, that's not how it goes.
Trend is just a trend, once it goes out, the company will tank, if your company depends on a trend, it will go out of business once the trend changes. Trend changes easily.
Battery charging is a myth, kid, where do you think electricity comes from? Trees?
Market size won't increase by much, but the supplies and production will have to increase, that gets you to a steady loss of money.
Don't think it's just simple as making a car and sell it, it's not.
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@lazarus2691 The price of electricity is still cheap due to the lack of high demands, pal. If everybody switches to EVs, the price won't be low. 40% of the energy being consume in this country comes from gasoline. If you eliminate gasoline, you'll need the extra 40% in some sort of energy. Natural gas took account for only 31%, so it has to increase more than 100% of natural gas production, which is not feasible, because by the graph, seemingly it will take 20-30 more years to increase production by that much. And not to mention if you don't do gasoline, a bunch of industrial process shall be eliminated.
Petroleum refining is necessary not just to make gasoline, it's also plastics, polymer, the entire industrial process rely on petroleum. If you cut out the profit from gasoline because you want EVs, you will disrupt the chain and many, many products nowadays shall have an increase in price.
And about the trend thing, apparently you have no idea how car manufacturing works.
And your stock price, it's a piece of paper, man, if you cash it in then it's more like stealing than actually making profit. The stock doesn't make company profitable, high stock price means more people are thinking that it worth something. It doesn't actually worth much, because it has nothing to back up. Anything gain through short time can disappear through short time. Don't be proud of being a con man.
The adoption curve has always been inverted, you can see this clearly through the staggering amount of failed scientific breakthroughs.
About car production. Market size won't increase, but production has to, otherwise you're standing still, and that's loosing money and time. The equivalent value from the chain of manufacturing is in the products it created. If you stop manufacturing due to "thinking that there's no demand", the chain of production will keep wasting money. Because the cost of maintaining it keeps going up, yet it doesn't create anymore value.
It's not as simple as "no more demand than no supply, pal". If you don't supply, you waste the investment. You need to create demands otherwise you will sink.
The money Tesla put into the factories haven't been repaid. If they stop manufacturing, means no more demand, and no more backup values, such as cars already made, then the company's only asset is a chain of production that doesn't produce anything.
Your math on solar panel. That's false math. You're calculating the "current average". Right now they only put solar panels in place that has the most benefits, so the benefits is at maximum. Once you expand, the majority of places shall not reach that maximum, eventually it will hit a curve where the cost of putting more solar panel is more than the electricity can cover. That's why there isn't mass solar panel farms.
Sunlight density is an issue, man. Go put a solar panel in London, you'll see.
Your math is false because you ignored such factors.
The cost of solar continue to drop at where it is feasible. Places that it's not feasible, the cost will rise. Do more research, pal.
And your bad math also ignored how multiple buildings in this country are well, "buildings". Dozens of household under one roof, but that roof, even by your fake math best calculation, can only cover one household.
Do more research, pal.
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