All Hokie, All the Time. Period.

The Lounge Board


Joined: 1/5/01 Posts: 85850
Likes: 10511

Don't write off the automobile industry just yet...

Actually Tesla isn't going to put anyone out of business. The major auto manufacturers haven't jumped into Tesla's market yet, and when they do, Tesla will be the one going out of business. Why, you might ask? Quantities of scale. Tesla is holding on by a shoestring, and when Porsche, GM, Audi, VW, Ford, Hyundai, Honda, Toyota, etc. decide to jump in with both feet...

Also self driving automobiles will not kill the regular automobile industry. There is still a huge segment of the population that loves to drive...from the people who buy sports cars to the people who buy Jeeps. Propulsion systems may change, but the love of driving will never die.

Will self-driving automobiles take a huge chunk out of the current automobile market? You bet ya!

Will solar & wind power kill coal & nuclear power plants...probably not in my lifetime. It will continue gaining ground, but there is no where close to being the predominant power supplier. Maybe in 50 years...

As for electricity, we don't generate enough to replace all of the gas (and diesel) powered automobiles...not by a long shot, and it isn't close. That's possibly 40-50 years away...

It's always neat to project all of these "new technologies" taking over the market in a couple years, but it isn't happening...that quick.

(In response to this post by VaAkita)

Posted: 02/13/2018 at 6:05PM


Insert a Link

Enter the title of the link here:

Enter the full web address of the link here -- include the "http://" part:

Current Thread:
Great examples of how the future is speeding up -- VaAkita 02/13/2018 3:12PM
  Wishful thinking. -- Naelbis 02/13/2018 4:30PM
  ...or dystopian delusion... -- EDGEMAN 02/13/2018 6:08PM
  Well.... -- Beerman 02/13/2018 4:58PM
  We can fight rising sea levels with #14 - -- MP4VT2004 02/13/2018 4:23PM
  Awesome stuff if true! ** -- NokieHokie 02/13/2018 3:54PM
  Awful. Who "likes" this? -- vtbones 02/13/2018 3:46PM

Our Sponsors

Shop Our TSL Affiliate Links!