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A comment on Tesla Surges Above $500, Leaving Analyst Targets in the Dust. Parent comment

Re:Tesla Surges Above $500, Leaving Analyst Targets in the Dust by auiya on Tuesday January 14, 2020 @08:43AM (#22044623)
Tesla isn't selling 1.3 million cars per year yet like Ford, so yes, optimistic. I wasn't speaking about strictly the EV market. Why would the big automakers need to compete in the EV market when EV adoption numbers still only amount to a rounding error in terms of the big companies' overall sales?
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Re:Tesla Surges Above $500, Leaving Analyst Targets in the Dust by bryanlarsen on Tuesday January 14, 2020 @09:13AM (#22044844)
Why? Because it obviously won't be a rounding error in a few years time.

2 reasons.

1) We have to do something about climate change. Doesn't mean we will, but more and more countries besides Norway will get serious about it.

2) At some point BEV's will be price competitive with ICE. The $40K Tesla Cybertruck is cheaper than a medium duty crew cab from legacy manufacturers.

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Re:Tesla Surges Above $500, Leaving Analyst Targets in the Dust by auiya on Tuesday January 14, 2020 @10:06AM (#22045324)
1) EV's will not solve this problem

2) Price is only a very small part of the adoption equation, people happily pay $80k for ICE pickup trucks for instance.

3) You didn't add this but I will - it's not clear the EV platform is the preferred alternative to the ICE for consumers yet, as evidenced by overall global vehicle sales.

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