InvestorsHub Logo
Followers 7
Posts 508
Boards Moderated 0
Alias Born 03/15/2013

Re: Just1MoreShare post# 94385

Tuesday, 01/11/2022 10:27:59 AM

Tuesday, January 11, 2022 10:27:59 AM

Post# of 114842
Electric cars are way in the future - Our market will be well over 1 billion cars 20 years from now. The electric car Hype is counting on there will not be a reduced CO2 emission combustible fuel in the future!

Elon Musk broke it down:

There are around two billion cars and trucks in use in the world.

Annual production capacity is around 100 million vehicles per year.

Cars and trucks last around 20 years before they go to the junkyard.

Electric vehicles are “still well under one percent” of the global fleet.

That means it will likely take 30 to 40 years before Tesla doesn’t have to do any more mining for batteries, or 2050 to 2060.

Just imagine if a company brought a reduced CO2 emission combustible fuel to the market!