Tesla Inc (TSLA)

[Windsortrader519]

That absolutely is an issue.

Now when I say a 22 thousand dollar EV , that also assumes the battery cost is at a minimum cut to 4-5k.

This allows for actual affordable replacement of these batteries after 10 years or so.

For the EV to truly take over it has to be cheaper upfront than a comparably sized cars.

Trucks will be the main hurdle , an EV pickup truck needs to be cheaper than a base model work truck , with comparable performance. Yes they can make 40-100k EV trucks now with all the bells and whistles , but until they make a basic EV this type of car or truck won't be able to gain mass traction.

Even at 22k , a new car is out of reach for many many drivers the used car market needs to develop and that will take at least a decade. You need to be able to confidently say that a younger person or a lower income driver will be able to buy a 5000 dollar EV with a good battery and decent milage, that's very important and can only happen in large amounts of time.

There are way more hurdles than many people talk about , it will eventually happen though. It's going to take a generation , but I'm hopeful it will happen.