Despite Elon Musk’s Victory Lap.
Fellow Investor,
Despite rumors to the contrary, and Elon Musk appearing everywhere in the wake of President Trump’s victory, America is not getting swept up in the EV revolution.
In fact, the EV revolution is running out of steam.
Considering the following, it’s easy to understand why: EVs cost up to 75% more than gas cars — $58,000 versus $33,000, on average EVs have 80% more problems and reliability issues than conventional vehicles EVs force drivers to make big compromises on towing, hauling, road trips, etc. EVs can lose up to 36% of their range in colder weather and winter conditions EVs advantage China, which produces 75% of the world’s lithium-ion batteries EVs increase the tax burden on ordinary Americans — by nearly $50,000 per car That’s a lot of resistance Musk and his EV revolution..
As bad as that is, it’s just the start…
According to my research, there’s a full-on EV revolt underway.
For anyone thinking about buying an EV or investing in them, I strongly recommend reading my message first.
Go here now for details.
Talk soon,
Mark Skousen
Editor, Forecasts & Strategies |
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