Re:Tesla Q1 2020 Update
by caf on Wednesday April 29, 2020 @10:36PM
(#23026925)
Do customers really believe the current exceptionally low oil prices are going to be a permanent feature?
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Re:Tesla Q1 2020 Update
by mrguyorama on Thursday April 30, 2020 @11:53AM
(#23032218)
Last time the oil price went down this aggressively coincided with the massive uptick in people buying SUVs
Oil futures are under $40 all the way through the end of 2022: https://www.marketwatch.com/investing/future/clz22
I fully accept I may be wildly out of touch with the common man, but I tend to be thinking of 8-10 years product life when I'm considering the TCO of a new vehicle.
Oil futures don’t go that far out unfortunately