Tag: EV

EVs Don’t Run on Electricity

Guest Post by Eric Peters

They run on lies.

Half-truths. What the liars routinely style “misinformation”  . . . about the truth.

For example, the following lying headline: Tesla Model 3 is Now Cheaper Than the Average New Car. The story goes on to state – as if it were true – “that the Tesla Model 3 is now “$5,000 cheaper than the average new car.”

No, it isn’t.

The Tesla 3’s price has indeed come down. But that is not the same thing as saying it is now  “cheaper than the average new car.”

The misinformation is as follows: Last year, new car transaction prices – the average price paid for a car – approached $50,000. A record high. Last year, a Tesla Model 3 stickered for about the same. As of right now, a Tesla 3 stickers for about $5,000 less, for $44,380.

See the trick? Did you watch the hands? Continue reading “EVs Don’t Run on Electricity”

Another EV Exemption

Guest Post by Eric Peters

It’s apparently not enough to pay people to buy EVs – using other people’s money. EVs must be given additional artificial advantages – so that they may “compete” even more unfairly with non-electric  cars.

Because, of course, they can’t compete on the merits.

Continue reading “Another EV Exemption”

Doug Casey on Electric and Self-Driving Vehicles, Part II

Via Casey Research

Justin’s note: The electric vehicle revolution is one of the world’s most unstoppable trends… and it’s just getting started.

Yesterday, in the first part of our discussion, Doug Casey told us why this megatrend needs to be on your radar today. Below, we pick up where we left off and talk about what this means for certain commodities…what the investing implications are… and much more…

Continue reading “Doug Casey on Electric and Self-Driving Vehicles, Part II”

Doug Casey on Electric and Self-Driving Vehicles, Part I

Via Casey Research

Justin’s note: The electric vehicle (EV) revolution is underway.

EVs aren’t like traditional vehicles. They run on electricity instead of gasoline or diesel.

Not long ago, just a few hundred of these vehicles existed. Now, there are nearly 1.5 million EVs on the roads… and that number grows by the day.

In short, EVs are the future. Even Doug Casey thinks so. And when Doug gets excited about something, I get him on the phone to find out why.

Read on to see what Doug has to say about this megatrend…

Continue reading “Doug Casey on Electric and Self-Driving Vehicles, Part I”

EVs, the Internet and Missed Possibilities

Guest Post by Eric Peters

Electric cars are kind of like the Internet. Both had tremendous possibilities – especially to free people from the shackles that restrained them for decades.

In the case of the Internet, the shackles were access to – and the ability to widely distribute – information without restriction by a secular priesthood of gatekeepers (i.e., the three major news networks and the handful of major media conglomerates). Online, anyone could publish – and read – just about anything.

It was no less (and arguably more) liberating than the invention of the Gutenberg press in the 15th century – which unchained the printed word from the clutches of the actual priesthood.

Continue reading “EVs, the Internet and Missed Possibilities”

Colorado Embraces EV Tar Baby

Guest Post by Eric Peters

Colorado has become the 13th state – plus the District of Columbia – to embrace the fatuously titled “zero emissions” electric car tar baby.

This will ” . . . protect the quality of our air and safeguard against returning to the days of the ‘brown clould,’ ” warbled Governor John Hickenlooper – whose name sounds like a villain out of an Ayn Rand novel.

Actually, it won’t do any such thing.

Continue reading “Colorado Embraces EV Tar Baby”

The EV Amortization Problem

Guest Post by Eric Peters

You can amortize the cost of almost any car  . . if it’s not an electric car.

Gas (and even more so, diesel) engined cars will usually run reliable and without major expense for at least 15 years  – even if not treated particularly well.

Continue reading “The EV Amortization Problem”