Tesla has shown the way and competition will be fierce.
Electric cars need a major grid. Many electricity utilities are simply unprepared or unwilling to support.
The dealer community for internal combustion engines is politically powerful and very short sighted. Tesla needs to acquire political heft to counter the ultra-provincial thinking.
New technologies are not slam dunks. There will be pot holes along the way. Maybe even sink holes.
Tesla has a market cap of some $28 Billion compare to Ford at $70 Billion or GM at $55 Billion. While the Tesla narrative looks great, is it priced properly? By the way share price is supposed to represent the future value of earnings.
George Gutowski writes from a caveat emptor perspective.