This is not comparable.
The fuel is spent and sold. Gas stations usually only have a few days supply of inventory.
This is like holding engines in inventory to swap without notice on the spot. But in this case the engines cost $10k+.
The fee to swap is about $12…so you have to swap each battery about 800 times to break even. See how you’re wrong yet?
The answer is massive government support. The cost of those stations has to be insane…imagine the inventory holding cost of those batteries
Exactly right, no one is going to show up with a fleet of cargo planes full of cash lol. It’s a huge amount of money, but if you have several nations investing, plus private business, it could happen - long shot, but it isn’t limited by the amount of cash that exists. He’s basically talking about starting a massive industry in the US that only exists in Japan and Taiwan.
To underscore the point that he already worked in banking. The op said “if someone wants to make that much they should work in the private sector”…Rishi Sunak very much did work in the private sector.
Did you read the article at all? His salary as PM was like 10% of his income. The rest was from investments he made FROM his time in banking.
That is not how that works…
Yes, eliminating a revenue source in one area means they will just price for it elsewhere.
I wonder if hydrogen is a better solution for commercial vehicles or semis that need to haul. I’m not aware of how they would perform, but EVs are not very practical for medium and heavy duty use
Hydrogen is not going to happen. It’s wildly impractical and there is no infrastructure for it. EV is the way of the future, but Toyota’s strategy is to bring customers along with hybrids first. Most of their lineup has a hybrid powertrain, and in most cases it is the same 2.5L HEV engine, just retuned for more HP on larger vehicles. The Camry up to the Grand Highlander and their Lexus counterparts use it. Meanwhile, if they are successful with solid state battery technology, it’ll make the rest of the market obsolete. Their strategy is to make incremental steps toward EV vs trying to force the market into an EV.
You’ve missed the mark on two counts:
I used to volunteer weekly with homeless and housing insecure people in Philadelphia and untreated mental health or substance abuse was an issue for many. There are also barriers to receiving government aid that would assist them because many programs require an address or the process is unnecessarily complicated.
Housing is just one step. They would also require a great deal of counseling, job training, and medical attention to reintegration into society. Anyway, my point was simply to illustrate what a magnificent waste of resources it was to buy Twitter.
To put this in perspective, they lost an average of $2B per month in value. According to HUD, there were about 582,000 homeless people in the US last year. $2B per month is enough to house all of them nearly 4 times over if you assume $1k per month in housing expenses.
What a monumental waste of resources that could have made a difference. Musk just sucks
No, it’s more like 3-400. The key point here is not the range, but the charging time