Quote:
Originally Posted by Aarongavey
As someone who owns an EV, I think the problem for gas is once you buy an EV it is hard to imagine going back to gas. The savings you have over 6-8 years means it is a money saving purchase. The convenience of being able to fuel up at home means you rarely have to leave your house to charge up. It would just be hard for me to imagine buying gas again. Not sure what that means for stock valuation, but I do think that gas will be getting a rapidly decreasing market share over the next 5-7 years.
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This part is fascinating to me. We hear a lot of resistance from consumers who feel the purchase price is too high and want government subsidies/rebates. Yet the payoff is there and in the long run it's a wash, EV's are no more expensive it seems. People want it both ways I guess. Don't want to pay more but are quite happy to keep the savings for themselves. (not directed at you Aarongavey)