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In reply to the discussion: For those complaining Tesla's vehicles are toys for the rich. The Model 3 arrives in 2017 for $35K [View all]jeff47
(26,549 posts)3. The oil companies really botched this.
There's ways to make liquid fuel from renewable sources. That fuel then has to be transported to thousands of retail outlets throughout the country. Oil companies excel on that last part, since they've been doing it for a century.
But oil companies didn't want to pay the money to make the first part practical. So it has not become practical.
Leaving a hole for batteries to improve to the point where they can take over moving around cars. Which will take away a very large chunk of the oil company's business.
Yet another instance of short-term thinking greatly hurting a company in the long-term.
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For those complaining Tesla's vehicles are toys for the rich. The Model 3 arrives in 2017 for $35K [View all]
Statistical
Sep 2015
OP
Imagine a battery the size of a suitcase able to power a car for 500 miles or a house...goodbye oil!
Fred Sanders
Sep 2015
#1
Oil was indeed too good of an energy package...and way too profitable.....until maybe now it isn't?
Fred Sanders
Sep 2015
#8
Batteries can't be charged as fast as gasoline tank (back to my gasoline was too good)
Statistical
Sep 2015
#11
You can exchange packs faster than charging... a 250 mile range is around 4 days of driving...
uponit7771
Sep 2015
#30
Well, you have to drive to a gas station but with electric your cheap as dirt gas station is at home.
Fred Sanders
Sep 2015
#28
You have a point, a 7 yr old car is fully depreciated and quality is better now... cars last
uponit7771
Sep 2015
#29