Another of Elon’s Lies Comes True

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Tesla has been making electric cars for sixteen years – since 2008, when the first Lotus sports car converted-to-battery-power came out. Since that time, Elon Musk – the company’s principal and founder – has been promising that all the money he’s been taking (italicized to make a point of the fact that Tesla’s business model depends fundamentally on various iterations of coercion) would be used to finance the eventual development of affordable EVs for the masses.

Just wait!

They’ll be here any day now. . .

Kind of like that “breakthrough” in battery technology we’ve been hearing is coming for the past 30 years and counting. And maybe it is coming. The problem is the other half – figuring out how to recharge a battery (any battery) in a couple of minutes, the same amount of time it takes to fill a gas tank – remains a problem. One that won’t be solved unless a way can be divined to transfer extremely high voltage from source to portable storage device (i.e., the battery) in just a few minutes without burning everything to the ground.

Maybe. But is it likely? Is it probable?

Probably not.

So even if you have a battery with a realistic 400 mile range – meaning that’s how far it’ll actually power the EV in realistic driving scenarios – you’d still have to contend with weekly waits of 30-minutes plus to recover a partial charge at what they pie-in-your-face style “fast” chargers. These aren’t as slow as home chargers. But to call them “fast” is another iteration of the etymological abuse so deftly practiced by the Left. And it is the Left that is the driving force behind this pushing of EVs.

Anyhow, Tesla – Musk, himself – promised that EVs would elaborate like other electronic things, such as computers, that were expensive when they first came out but became less so over time as the technology became less expensive and economies of scale came into play.

But there is a hair in the soup that is almost never mentioned – probably because it pricks the proverbial balloon and that would let out all the hot air. It is that electronics got cheaper because the critical parts – transistors – got smaller. This made computers faster and cheaper. EV parts can’t be made smaller – which is why they’re not getting cheaper.

Also, the first PCs didn’t depend on government, as EVs do. There was a market for computers – and VCRs and microwaves – that drove down costs over time. There isn’t much of a market for EVs. They are being made chiefly because there are mandates that induce their manufacture.

These mandates, in turn, drive up the value of Tesla stock. It’s not much of a risk to invest in something the government is pushing. This gives the simulacrum of success. But it’s all false because it’s built on lies.

And now another one’s come true.

Reuters reports that Tesla – that is, Elon – is no longer pretending it will use the money it has been taking for the past sixteen years to finance the development of the “$25,000” EV Tesla and Musk have been swearing on a stack of Satanic Bibles is just around the corner. It was to have been the Model 2 – as contrasted with the company’s least expensive offering, the $38,990 Model 3.

Which is as expensive, almost, as BMW 3 Series sedan (more expensive, when you count the cost of the “long range” battery, without which a Tesla 3 touts a maximum range of 270 miles, which greatly limits how far you can drive because of how often you must stop – and wait.)

Tesla has canceled the long-promised inexpensive car that investors have been counting on to drive its growth into a mass-market automaker, according to three sources familiar with the matter and company messages seen by Reuters.”

So much for the “master plan” touted by Musk – back in 2006 – that “called for manufacturing luxury models first, then using the profits to finance a “low cost family car.” Now it’ll be luxury-priced models only, which has always been the plan. The real master plan being to undo everything Henry Ford did more than 100 years ago.

And what Ford did was to undo the for-the-rich-only business model that defined the car business before he came along and simplified the car down to its basic components, mass produced them inexpensively and thereby made it possible for the workers who made Model Ts to be able to afford to buy the cars they made. His business model did not depend on subsidies and mandates to prop up the sale of Lincolns – with a promise to eventually use the profits to finance the development of the Model T.

Yet Musk is held up as a kind of latter-day Ford – which is almost as absurd as naming the overweight, battery-powered devices sold by his company after Nikola Tesla, an electrical-engineering genius who would have been appalled by the elitist wastefulness of devices dragging around a third or more of their own weight in batteries to keep them going – but not for long. Tesla – the man – was into the transmission of electricity wirelessly. The antithesis of the tethered devices being sold using his name.

The Reuters piece says that “Tesla did not respond to requests for comment” – but after the story was published, Musk posted on his social media site X that “Reuters is lying (again).” But about what, exactly? Reuters says that Musk “did not identify any specific inaccuracies.”

Apparently, the money Elon has taken in via his grift will be used to finance robo-taxis – a “segment Musk has envisioned as the future of mobility.” Instead of buying cars, you’ll pay to ride in them.

That’s a promise you can believe, too.

. . .

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94 COMMENTS

  1. I love my 2020 $28K Chevy Bolt with 70K miles on it now. You guys must not like your EV since you complain about them so much. Oh, you don’t own one? Then why complain so much? You EV bashers confuse me. Why bitch about something you swear you’ll never own? Go ahead and keep buying gasoline for ever increasing prices. Keep enjoying getting an oil change, or having to do it yourself. The only think I’ve had to do with my car is buy new tires afteer 60,000 miles. Pretty good considering my “heavy” EV wears out tires so fast bla bla bla. My EVSC was bought on eBay for like $200, and I installed it myself, it was easy. I’m part of an REMC, so electricity is cheap, and sourced mainly from down-state windmills. I plug in when I get home, usually with around 100 miles of range left. I know y’all hate EV’s but let me remind you all that they will most likely not break down for a very long time. No engine and no transmission means no repairs. Never mind the government green aspect. I bought mine so I wouldn’t have to buy expensive gas anymore. Doing the math, what I used to spend on gas, is used for a car payment. The car is paid off BTW, I fully own it. All prejudices aside; imagine never stopping at the gas station, except to buy coffee.

    • I think it would be funny as hell to see you try and drive that thing up here with our 9 months of winter and forty below zero temperatures. You sure as hell will not get very far very fast and if you do you will have to freeze to death in the cabin because the crappy EV range does not give you the option for both. You stick with your EV and the rest of us will keep what was never broken in the first place.

    • Hey roadkill, let me tell you a little secret.

      It’s the use of force that we don’t like. The taking away of our choice. The government is making us choose between buying what they mandate or doing without.

    • “will most likely not break down for a very long time.”….hahaha

      JD Powers just reported that…

      EV’s and plug in Hybrids are the most unreliable vehicles made now…….

      The truth slowly comes out……

      Plus EV’s depreciate far more quickly then ice cars…depreciation…the biggest cost in car ownership…

      Many EV owners are paying more for electricity…to run them…. then an ice car owner pays for gas….

      Your EV will be worth nothing when the battery dies….very soon….lol…..

  2. ‘Now it’ll be luxury-priced models only, which has always been the plan. The real master plan being to undo everything Henry Ford did more than 100 years ago.’

    Barra, Tavares and Farley approved and seconded.

  3. Was Clarkson Right About The Original Tesla Roadster?

    It turned a nice light 2000 lb sports car into a 3000 lb pig….

    Clarkson said…..
    The battery was dead after only 55 miles….
    the brakes quit working…..probably because it had an extra 1000 lb in it…
    it took 13 hours to recharge it…..

    Clarkson called it a brown rice eco car….

    https://www.youtube.com/watch?v=JKtK493sGAk

  4. Yes he is, in China with their cheap labor and supply chains. Plus, he cannot build cheap Teslas over hear when Chinese EVs are set to come here via Mexico, where Tesla also plans to build.
    The REAL NEED and growth market is an entirely new auto firm factor. Not another 2- or 4+ seater, but a SINGLE seater for cheaper. That way it won’t cannibalize the existing markets.
    I’ve written to Elon and Ford to do this before the EV fad fades away.

  5. So far nothing seems to come close to replacing oil as the energy source to keep modern society running: lose control of the oil supply you lose modern society.

  6. Geo fencing and Geo timing….

    All new cars since 2016 probably have this cabability built in….it just has to be activated….

    Geo fencing …this can limit where or how far you drive your car….

    Geo timing….this can limit when you can drive your car….like the possible climate lockdown…it is only for 2 weeks….which turns into 2 to 3 years…..

    First they took over the slave’s brain…now they are going to take over the brain in your car, so they can completely control it too……

    https://www.youtube.com/watch?v=A_DmgjTfwD4

    • Anon1, I went golfing yesterday. What does this have to do with your comment, you ask. Well, they had electric carts (which I much prefer to gas). The cart had great power and a quiet ride; nice for golfing. It also had a flat screen to show where you were on the course, trap, hazards and how far you were from the green and gave yardages to the pin, front and back.

      It had other features, too.

      If you drove into the parking lot it would limit the speed to 7mph. If you drove too close to a tee box, green, severe slope or other restricted area it would shut down. You had to put it in reverse and back into a permitted area at 1 mph.

      Welcome to EV World.

  7. Elon as much as I like what he’s done for “tweeter”. He hasn’t really come up with his own ideas. Tesla was started by two guys and he came in with buko $ to finance and it grew from there…same with PayPal. Not saying he’s not a great innovator but he hasn’t come up with his own ideas as far as a ground company. He sees opportunity of already started up business’ and buys it and grows it. Still don’t trust his whole ventures in brain chip AI BS/ and him being supportive of digital ID.

  8. First and foremost:

    Depending on an EV for transportation will automatically add stress to your life. Period.

    Stress causes illness and fatigue.

    Add to the fact that the sociopaths pushing these electric vehicles on us- in the name of some ‘invisible boogie’ man -are the biggest lairs the world has ever known.

    Why would anyone EVER listen to them, yet alone take anything they say seriously?

    It boggles the mind.

    As humans, are we really this god awful stupid?

  9. Hi Bandon,

    quote: And it’s apparent that they also run the regulatory apparatus, and thus keep any enterprising disruptors out of the market.

    Im not even sure the developers are the main culprits. They benefit for sure but Im sure there are smaller scale developers with less manpower that would like to build simple small housing. The solution runs deep western governments have used housing as collateral for a long time. It caused 2008 financial crisis but things keept going.The aim is to make no one own housing and use housing itself as colateral and increase gdp by making sure people stay busy or they are out of the house.

    quote:
    Imagine if young people could purchase a new $10k car, along with a new house and small lot for $30k.

    Its not hard to imagine. It is the real price of things as they should be. You could easily make it reality. I would make it easily with couple of measures an no money wasted or bureaucrats hired. First I would abolish all building permits at least for one story houses. Second I wouldn’t allow corporations,foreigners and banks to even own land and third I would cap the amount of land person can own.

    nothing like this will happen due to western governments being greedy , boomers being narcissistic loving the fact that they as retired assembly line worker with 3 houses are more important and wealthy than top young professionals , and young people taking huge mortgages effectively forcing themselves in to the system. only hope is total collapse of financial system aka dollar and its derivatives .
    Cars cost around 10k in the third world they could cost even less with less regulation but you can get a pickup truck in south America for 10 12 k.

    • Tell Clowngress to stop printing a trillion dollars every 100 days. Stop the importation of illegals for cheap labor. Stop providing them with free housing,,, food,,, health,,, schools,,, + $2200 spending money. Stop trillion dollar military ‘budgets’. Stop handing billions to Ukraine,,, Israel. Bring the military home. Put some on the border. That might put the brakes on some of the problems.

      There hasn’t been assembly lines for many decades. I’d hire a retired assembly worker over a young spoiled bratty professional fresh out of these woke universities worried over their preferred bathroom.
      At least they (retired assembly workers) show up and actually work….

    • “First I would abolish all building permits at least for one story houses.” -Pupet

      I like that thinking. I’m off-grid and not “pulling permits” for anything I’m building. From what I hear, I’m luckily a bit off the radar of the local county Powers, so we’ll see what happens. I absolutely just seethe with resentment when someone tells me I must ask for permission to build something on my own land.

      Yes, I’d agree that developers aren’t the sole beneficiaries of these realty and economic paradigms. It really is a global phenomenon now, this “Own nothing and be happy.” assertion. We’ll own nothing and an anointed few will “be happy” about it. This “Rent Everything” cancer, this devolution into feudalism, must be stopped.

      • Quote:. I absolutely just seethe with resentment when someone tells me I must ask for permission to build something on my own land.
        This fills me with rage. Especially if a house is in a middle of nowhere. The Narcisism of bureaucrats and “we know whats good for you” mindset is really something evil. Bastards wont leave poeple alone.

    • “I wouldn’t allow corporations,foreigners and banks to even own land and third I would cap the amount of land person can own.

      nothing like this will happen due to western governments being greedy , boomers being narcissistic loving the fact that they as retired assembly line worker with 3 houses . . .

      Ah. If only we had the special kind of benevolent tyranny you would push. ROTFL.

      • Its not tyranny its georgist thinking. US applies some of it, Singapore as well. When you have goverment prinitng money giving it to Blackrock then Blackrock owning bunch of land you have a problem.

        I dont see why coorproations need to own 1000ds of houses. Developers can sell before they build as they mostly do now so its not a problem for them.

        Decentralization is nessesary for functioning of free market. Cant have one man owning all land. Blackrock bill gates CCP and simila poeple will own everything if this trend continues.
        Its ok to be rich have a villa have a yacht but no need to fuck with average poeples lifes because thats a safe investment for you.

        • “Its not tyranny its georgist thinking”

          I see. Social justice though government taxation of land. As if we don’t already have enough of that. No tyranny there. ROTFL.

          • I dont support taxing land. Especially one house. You should be able to bee poor and not be kicked out of your home. I just think there should be capped amount of land per person. Land is still not something thats produced. So its scarce cant allow poeple to manipulate with it.

            I dont think thats tyrannical especially in curent circumstances. I also dont see why is income tax freedom but land tax tyranny.
            I could understand if you want total free market. That would also be fine. Exept gains made in crony capitalism shouldnt be passabe later on so in effect everything should start from the start.

  10. . . . “that ‘breakthrough’ in battery technology we’ve been hearing is coming for the past 30 years and counting.”

    Actually it was more like 50 years ago. Last year I happen to catch a rerun of one of my favorite old-time game shows, “To Tell the Truth”. The episode was broadcast in the 1974/75 season if memory serves, and the guest was an inventor who produced an electric car. The four-person panel on the show had the opportunity to ride in the car and were chauffeured to the TV studio. They all raved about it and were quite giddy. Asked how far it could go and how much it cost, the answers were 35 miles per charge, and around $10k (an astonishing $70k in today’s dollars roughly), despite it being a rolling tin can pile of junk. Of course in the post-game questioning he was asked if there would be improvements in battery tech and how much farther the car could go. I can’t remember exactly what he replied but it was something along the lines of predicting tremendous advancements in the technology by the end of the decade. Bzzzt-Bzzt, WRONG!

    Here’s a snippet: https://www.youtube.com/watch?v=OpHkR3Q3N0c

  11. If an ice powered car came with an engine with the same characteristics as an electric motor….nobody would buy it….and no manufacturer would even try to sell it….

    Electric motors have full torque at 1 RPM….the problem with that this is there is no transmissions around that will take the torque…it breaks them….

    (Porsche made their own in house transmissions with 2 gears….)

    No transmission….you can’t get peak efficiency and fuel economy….and in a Tesla the motor is turning over at 18,000 RPM at top speed…..causing motor failures….premature wear….and bad fuel economy…25 MPG for EV’s…

    Electric motors have full torque at 1 RPM….this causes horrible driving dynamics….a huge surge on initial takeoff….an uncomfortable ride….you get seasick….this was marketed as a plus….0 to 60 in 3 seconds….they knew it was a negative….

    EV’s get around 25 MPG….the trucks get even less….ice cars get far better fuel economy….diesels are the best….no manufacturer would build cars with that bad average fuel economy…..it wastes energy….

    EV’s have huge power on takeoff….at midrange power drops off….at top RPM power really drops off….no ice engine would be designed like that……this is exactly backwards from what is required…probably why they quit trying to sell electric motor powered cars 100 years ago….lol….

    Now they are trying to engineer EV’s to be more like ice powered cars….slower smooth power at takeoff….lots of power at midrange for passing, etc….full power at high RPM where it is needed most for high top speed….

    No sound…..that is a problem….for pedestrians and EV’s are the most boring/dead cars ever made….Now they are trying to engineer EV’s to be more like ice powered cars….with sound….

    ….full power at high RPM where it is needed most for high top speed….this is why ice cars have far higher top speeds then EV’s….

    There is a whole list of other problems with EV’s too….very expensive to buy…expensive insurance, charging times, very short range, huge fire hazard, fuel costs higher then ice vehicles, huge depreciation, too heavy…so more frequent tire replacement….

    If there wasn’t stupid slaves around they wouldn’t sell any….

  12. Another butthurt, leftist author, editor, and publisher. Leftists loved President Trump when he was a democrap. Only after President Trump changed parties did they villify him..
    Leftists LOVED Elon, until he began doing things and saying things, that would make America Great Again.
    Leftists hate the USA, and sometime soon, they will have the chance to defend their hate with arms.

  13. Used EV prices dropped and are dropping like a rock…Buy an EV…great way to lose money…huge depreciation…overall ownership costs are far higher then an ice car….

    There is collector cars….small cheap cars and performance cars …. from the 1950’s and 1960’s…. selling today for the same price or more as when they were new..(inflation adjusted)….because ice cars are better then EV’s….

    In the last 1 1/2 months….SP500 up about 5%

    In the last 1 1/2 months….gold up about 11%

    In the last 1 1/2 months….silver up about 20%….

    In the last 1 1/2 months….real estate prices flat or down

  14. Well yeah, E-con’s promise of a wonderful electric future may not have come to pass, but I’m sure enjoying my trip to Mars on his spaceship! 😀

    I watched a video last night of this dude who bought a used 1 year-old Audi E-tron. He was all hepped-up about EVs when he bought it and thought it was great how he got a year-old Audi EV with 3K miles on it for $80K (It had sold new a year earlier for $103K).

    NOW he’s trying to sell it, and has been unable to do so for $50K- even though it’s now only 2 years old with (I think IIRC) less than 10K miles on it. More than 50% depreciation in 2 years!!

    Then he gets into why he wants to sell it. Living with it has been a NIGHTMARE, even though he admits that it was just bought as a secondary vehicle, as he owns several other ICE vehicles.

    He details how inaccurate the “remaining range” is. He shows in the video how he drover 3 miles, and lost 7 miles of range, and that being on flat ground on the highway!

    He shows how he used it to take a c.100 mile trip after it had been fully charged (He has a 240V charger at home), and lost so much of the “240 mile range” that he’d have to charge it to make it home. Trouble was that the nearest charger between where he was and home was too far to make it on the range he had remaining. So, he had to drive 20 miles in the opposite direction, wait two hours for it to charge, and then drive 20 miles back to where he had been in order to start his trip home!

    On another trip he drove less than a hundred miles and stayed in a hotel overnight while his car charged. Ready to head home in the morning, it turns out that the car hadn’t charged properly, even though it had been on the hotel’s charger for 8 freaking hours! He had to leave the car at the hotel to continue charging and take an UBER home. Then go back a day later (He needed to go back to that location anyway) with his wife chauffeuring him in her car, so he could pick up his EV and continue doing what he needed to do.

    At another place where he was charging, THREE of the four chargers were out of order. There was a Canadian couple waiting to charge their EV there. They had to wait 2 hours for his car to charge, before they could wait for their car to charge!

    And many other such scenarios. He has woken up to the fact that EVs are not practical, even as a secondary or tertiary car, and that the money he was supposed to save on gas was more than consumed by the cost of the EV; the depreciation; his electric bill going up; having to replace tires even with such low miles on the car, etc.

    What a boondoggle! How could anyone not anticipate such things before buying a stupid EV?

    • There is many different charging networks…all requiring a different app…and of course an expensive working cell phone without a dead battery….

      People have spent hours on help lines trying to get the defective app’s to work….before you can even charge the stupid, piece if crap EV…lol

      At -30 degrees out, in the winter….someone will die just trying to get the app to work….EV’s the biggest clusterfu..k ever invented…..

      ..and stupid slaves still buy them….the power of brainwashing…..

    • At wide open …full throttle on a race track….a Tesla used 80 miles range in 8 miles….a 90% drop….it the range is 270 miles….is it 27 miles at full throttle?….lol….

    • That’s an epic article anothermouse; thanks. Everyone here should read it. Archived link:

      https://archive.ph/yDgl6#selection-1001.0-1005.106

      It addresses two metastasizing electrical-demand bubbles, the data center bubble and the EeeVee bubble.

      The latter is collapsing into its own footprint as we speak. But the data center bubble is a veritable beanstalk growing to the sky. A chart in the article shows Dominion Energy power demand in northern Virginia (the largest data center concentration in the US) DOUBLING in the next 15 years.

      Given the 5 to 10-year lead time for designing, permitting and building new electric power plants, that ain’t gonna happen. Buying an all-electric home is a fool’s wager.

      Meanwhile, the pending winner of the AI race is spider-crawling and digitizing all the books and all the info, in every language, on the planet — copyright be damned. Then they will use terawatts of electricity to churn through it and synthesize it. Information is power — unassailable, absolute power.

      They are building out the digital Panopticon … which has a great future, because spook agencies and their contractors constitute our shadow government. And they have the funds, through black budgets, drug dealing, currency counterfeiting, and Big Tech’s quasi-monopoly profits, to make this nightmare happen. Why do you think their data centers are in northern Virginia, where the Devil struts in broad daylight?

      Welcome to our Black Mirror future, where peasants burn tallow candles in their blacked-out hovels, while the dark satanic mills of Google’s massive data centers cast a harsh white glow into the sky, blotting out the moon and the stars. Who needs celestial bodies, when we all have bright Clownscreens to rule our lives — at least, when the scarce power briefly flickers on?

  15. Simple for me…Elon Musk occasionally lies. Reuters frequently lies…in abundance and all the time. When in doubt, Occam’s Razor prevails. My bet on truth is 100% Musk, because by now we’ve seen that the media is the vile government’s propaganda outlet. So whatever Reuters claims…believe the opposite.

  16. Moore’s Law (which is not a *law* in physics but a pontification from one of Intel’s founders) states:

    *Moore’s Law is an observation that the number of transistors in a computer chip doubles every two years or so. As the number of transistors increases, so does processing power. The law also states that, as the number of transistors increases, the cost per transistor falls.*

    This is the basis of the non-sense of the Marxist push for EV’s that somehow electrical energy storage will follow the same path as silicon development. Sorry, wishful thinking doesn’t work. The ability to store a binary of: positive + and negative – can be small, very small. But even *Moore’s Law* is running into difficulties but it is getting down into the atomic level in the future.

    Storing electrical energy is a monumental problem. True that materials such as lithium and cobalt have improved batteries over lead-acid but there no doubling every 24 months.

    The strategic oil reserve (before Bite-me plundered it) should contain 346.8MM barrels of oil as *stored energy*. In gallons of gasoline that is 6.92B gallons. converted into electrical energy in MWH’s is 253MWH’s only enough to power 1/4 of our current grid for 1-hour. Not much storage even for oil to be converted to electricity. To store electricity for future use would be massive if it could be done at all. Batteries? How many states would that cover? Plus, you still have to generate in the first place. Wind and solar are not stored energy but generated for use but not dispatchable since it is not dependable. But if the Marxist think 1.1MM MWH can be generated by wind and solar again how many states would it cover? One idea from some engineers was to use salt mines and seal them up and pump compressed gas into them then run a generator turbine from the pressure differential. Interesting idea, that make a few mega-watt hours, any other ideas out there to store electrical energy that doubles in capacity every 24 months?

    My former liberal friend thinks that the big cats and the bitter clingers need to be taught a lesson, and once this new technology is up and running with governments help, then there will be a new market for EV’s will exist and the big cats and clingers will be forced to accept. This was the plan. This is being done to the big cat automakers via Marxist regulations but no matter how much force they attempt this will not work.

    The real Marxist know this, but betterment of society is not their goal but the destruction of it, so they control the crisis to come and dispense whatever is left over to themselves first and the proletariat last.

  17. It is scientific illiteracy that is responsible for the (limited) “success” of EVs today–until these same scientific illiterates find out about extended charging times and limited range. Basic scientific principles are not taught in schools, being replaced by “touchy-feely” environmentalism and how humans are destroying the planet (yeah, right).
    It is my humble opinion that us boomers are of the last generation who took science and technology seriously, with a hunger to know how and why things work as they do. Us boomers had electrical and mechanical systems that we could work on and improve ourselves. Basic scientific principles were taught in school and reinforced with hands-on experimentation.
    In today’s climate (and the climate of two previous generations) experimentation on the level of the 1950s and 1960s is seen as “too dangerous”. I can remember the chemistry sets of the day being sold with toxic compounds which could be used for nefarious (and fun) purposes. Such sets are banned today.
    Today’s prime example of the public’s scientific stupidity being pushed by political considerations is that of electric vehicles, most people (even supposedly “educated” types) enthusiastically jumping on the bandwagon despite the major deficiencies and problems these vehicles have.
    Let’s look at the technical side of electric vehicles vs. ICE (internal combustion engine) vehicles. Range is a large factor in the desirability of ICE vehicles vs. today’s electric vehicles. One can fuel up an ICE vehicle in approximately five minutes and be on his way.
    Not so for electric vehicles. Quite often electric vehicle charging stations are few and far between, which contributes to “range anxiety”. For short hops and city driving, electric vehicles can be an ideal solution, but for extended “road trips” forget it.
    Electric vehicle batteries lose power even when the vehicle is not in use. (This is akin to a gasoline vehicle with a leaky gas tank). Add to that, cold weather and the use of accessories (air conditioning, heat, lights, etc) will reduce range considerably. Electric vehicles may be somewhat suitable for a California climate, but will fail in sub-zero Michigan winter snow and ice.
    Batteries can be charged only to 80% of full capacity as overcharging will reduce battery life considerably. “Fast charging” is also detrimental to battery life. It’s all about time and convenience vs. battery life.
    Gasoline and diesel fuel has an large energy content (density) in a small package, something that, in their present stages of development, electrical vehicles cannot achieve.
    Let’s make a comparison…gasoline contains approximately 33.7 kwh per gallon. A gallon of gasoline weighs approximately 6.1 lbs. The typical ICE vehicle can hold about 15 gallons of gasoline with a weight of approximately 90 lbs. total, with a total energy content of approximately 500 kwh.
    High-end electric vehicles have an energy capacity of approximately 120 kwh. This is equal to less than four gallons of gasoline. The typical electric vehicle has a 75 kwh battery pack, equivalent to approximately 2 ½ gallons of gasoline.
    Keep in mind that the battery pack weight is well over 2000 lbs (1 ton) and still has a limited energy capacity compared to gasoline. The typical electric vehicles weighs approximately 2 ½ tons (5000 lbs.), having to haul around a heavy battery pack. This also contributes to “wear and tear” on other automotive systems such as brakes and tires. (Yes, I am aware that regenerative braking exists and is a part of electric vehicle technology).
    From an environmental standpoint, lithium is nasty stuff, reacts with water violently and is much more volatile than gasoline. Electric vehicle accidents are much more hazardous than those of ICE vehicles. Water cannot be used to put out a lithium battery pack fire.
    Yes, gasoline is dangerous, but we have learned to control it and live with it successfully for over 100 years.
    Most of today’s generation do not understand scientific principles; hence the enthusiasm for electric vehicles which are “not yet ready for prime-time”. The inability of today’s generation to understand basic scientific and engineering principles is responsible for their gullibility and ignorance.

    • Due to “anthropogenic global warming,” our high temperature the past few days has been 15-20 degrees F below average. Also, since “anthropogenic global warming,” is turning the Earth into a parched, uninhabitable desert, our seasonal rainfall total to date is >10 inches above average.

      The hills are green, and the wildflowers are blooming, which are Bad Things.
      It is obvious we must all start driving Electric Cars to Save the Planet.
      All hail St. Elon! [/sarc]

    • With all due respect, there are rubes and suckers and morons aplenty in every generation. I’m worn out with the generational finger pointing and divisiveness. I got verbally assaulted multiple times for my “murderous non-masking” ONLY by hysterical brain dead boomers. That said, I agree that our current human condition is one plagued by intellectual laziness, by the majorities of all generations. All currently living generations have been heavily indoctrinated and trained to defer to the dictates of “authorities”, and they do.

    • anarchist: “I can remember the chemistry sets of the day being sold with toxic compounds which could be used for nefarious (and fun) purposes.”

      Had one of those when I was a kid. What wasn’t in the kit I could by at the local chemical supply store or from the local pharmacy, no questions asked. Later, I had a high school chemisty teacher (a Methodist minister) who loved explosives. Each student ordered a booklet called “Dazzling Chemistry Experiments” from a classified ad in either Popular Science or Popular Mechanics. We made all sort of stuff that went bang in chem lab. We had a ball.

      Maybe worse, I remember our ?4th? grade shop teacher having us make hot dog cookers. Two sets of two sharpened 1/4″ bolts mounted on a board a “hot dog away” from each other. A cord with a 110VAC plug under the washers (no neutral, of course in 1949) under the washers. The only warning was “Do not put the hot dogs on the bolts, or take them off, if the cord is plugged in!” I do not recall any kid in my 4th grade being electrocuted.

      Neither of those teachers would have certificates now, and might even spend some time being “corrected” in a state institution.

      • ‘(no neutral, of course in 1949)’ — ARYLIOA

        Probably you meant no ground in 1949. But yeah, electrical appliances were wild and menacing back then. As a rug rat, I got several nasty jolts from funky old frayed, cloth-insulated lamp wiring.

        Pediatric electroconvulsive therapy, as it were. It made me the man I am today. 🙂

  18. In the spaceflight nerd community, there’s something called “Elon time”. Elon time is the date of some fantastic event or achievement that Musk predicts vs. a more realistic timeframe as envisioned by the engineers / scientists.

    So take any timeframe he gives with a grain of salt.

    Then there’s the market reality. The masses don’t want EVs or can’t afford them if they do.

    It’s one thing to read about how impractical and dangerous eeeveees are here at EricPetersAutos.com. Ditto ZeroHedge. But I frequent the trash tabloid DailyMail (because they often carry news that’s been pc’d out of existence here, and because they have scantily clad babes). The comments on eeeveee articles at DailyMail are just as brutal against them as you see here and at ZeroHedge. That gives me some hope.

  19. As the past 4 years has shown, anytime government decrees MANDATES for something, be it face diapers, COVID “vaccines”, EVs, or something else, one should ignore the narratives justifying such mandates and look to see if some corporate or special interest has a potential BENEFIT (financial or something else) from mandates.

  20. For all the talk of “economies of scale” there is one thing that is being overlooked, the Law of Diminishing Return.

    Computerization/Tech/AI are all based on ignoring this fundamental. We ignore it at our own peril.

    In more simple terms it’s Throwing Money Down A Rat Hole…a muskrat in this case.

  21. Musk isn’t old enough to be tired of it all, then one day, it will all change for Elon, for now, it is a well-oiled machine that you have paid more than your fair share so Musk can benefit. Socialize the costs, works for those who can profit at your expense.

    You are paying through the nose for everything. The writing is on the wall.

    Panic early, you are going to have to sell at some point, circumstances beyond anyone’s control necessitate some kind of liquidation and asset removal, not for monetary gain, but to protect what is left, less is becoming more. If you have any kind of junk gold that is not of sentimental value, sell zee gold.

    How come everybody wants you to buy at 2300 USD and not sell? Red flag there.

    Total Eclipse Day is tomorrow. Another ominous sign, could be. Be a good day for drinking any beverage of choice.

    • Drumphish, you wrote, “Total Eclipse Day is tomorrow.” Surely you’ve heard it billed as The Great American Eclipse.

      I’m getting inspiration to write a book. So far I’ve got its title, The Great American Eclipse: The Decline and Fall of An Empire.

      • Those doggone human animals are always thinking somebody deserves a damn good beating, they’re not civilized people that uphold a civilization, the holier-than-thou human animals manage to kill innocent people, humans who want to live.

        All is fair in love and war, so you can kill ’til the cows come home. Doesn’t matter who it is, might makes right.

        Culpable murdering criminals, ample evidence is plenty of proof.

        Okay, we get it. Been going on long enough. Time to stop, the best time is now.

        If you are in the path of a total solar eclipse, there will be some darkness for a couple of minutes. Even if it is cloudy, you’ll know it is happening. If the sky is clear, it is a moving experience.

        “Yet, they move.” – Galileo

        Giordano Bruno did get burned at the stake. Freaking fool rejected all religions, a heretic.

        Are we there yet?

        Libertas philosophica– Giordano Bruno

        The freedom to think, the right to think.

        “you don’t get to choose what I say, or wear, I will speak the truth the way I see it.”

        What is going on is a modern day inquisition.

  22. Hi Eric ,
    It is accurate that Elon cannot fail since he is propped up by US government. I dont see how could he fail. He is basically above free market. He has all the freedom and extra government net for protection. Investing shareholders profits in Bitcoin would put most people in prison . When Elon does it it becomes legal. When his cars fail suddenly his company becomes a tech company not a car company. I dont think government would be backing him in everything if every of his devices wasn’t spyware used to monitor and control the population. From cars to satellites everything he does is closed source 0 freedom of repair online 24/7. If only 10% of cars on the road are Tesla that is enough for entire city to become 1984.

  23. Ford learned that the way to riches unimaginable in the past was simply pay the workers enough so they could afford the car. He and his engineers developed the assembly line technique which made the car affordable. Today the idea is to have cheap labor build expensive ‘stuff’ thereby limiting the market to the rich and ultra rich only.

    Ford had no love for the average Joe,,, he just saw dollar signs for the taking. Course those dollars (the US dollar) were backed by something worthwhile (gold),,, not fony dollars (FRNs) backed by taxes from the worker bee slaves to prop up a fiat system easily inflatable. History shows that all gov fiat systems and all societies failed in the same manner. The only thing holding up today’s FRN is wars,,, wars,,, and the threat of wars.

    Today they are doing the opposite of Ford. Making devices too expensive and wages too low to afford them. Ford trashed the EV idea because there was no market. There still isn’t a market. Corpgov thinks the People can be forced/coerced to do their bidding. Many will bust out trying but the idea for EVs are not sound and will not succeed over time.

    • Disagree with your assertion that Ford had no love for the average Joe.
      His writings say otherwise.
      Yes, there were excesses with Ford’s “Service Department” which had nothing to do with cars and everything to do with keeping tabs on his employees, BUT getting a job at Ford propelled so many people into the “middle class” that other employers had to follow suit.
      Ford KNEW who the “real enemies” were (and still are) and attempted to warn the rest of society. From his writings in the “Dearborn Independent” to publication of “The International Jew” Ford was prescient in his knowledge of the true state of world affairs and how following the jewish model of constant wars and jewish domination of foreign governments would have a detrimental effect on societies, just what is occurring today.
      For had his faults and foibles but was a much better businessman and friend to society than anyone in today’s world.

      • IMO he raised the wages to allow his workers to afford his cars,,, not that he owed them any loyalty or liked them. I don’t think he disliked them either. He simply knew if Americans had the money they would buy his cars. That view created the worlds greatest economy ever. Today cheap labor, cheap gadgets is the new / old game and has destroyed that economy,,, never to return.

        During the Depression he witnessed the Bankers and Financial institutions controlled by mostly J’s take advantage of the situation caused by the Federal Reserve. That got him in trouble.

        The J’s controlled most everything back then as they do today. Telling the truth got him sued by the J’s and ended up paying them off and apologizing for supposedly exploiting farmers. All one has to do is watch the Grapes of Wrath to see how the banks treated the farmers. Yes,,, Americans back then like today were enamored with the J’s. They were/are world class at victimology.

  24. We’ve heard for years that the Democrat Party was the “Party of the working class” & that the Republican Party was the “Party of the uber wealthy”. That hasn’t been true for at least 10 years (if it ever was). It definitely became obvious during COVID when Democrat politicians decreed LARGE corporations “Essential” that could stay open, and small businesses “Nonessential” that had to close, many of those small businesses likely minority owned. Well now behind this demented EV push is a wealth transfer from rural “red areas” to large urban “blue areas”…..that line we’ve been fed about EVs being necessary to mandate to “Saaaaaaaaaaaaaaaaaaaaave the planet” is complete bull crap.

    https://www.zerohedge.com/economics/behind-ev-push-wealth-transfer-red-blue-regions

    • John,

      The Democrats showed their hand when they APPROVED NAFTA! GHW Bush (Bush 41 or Bush, Sr., if you please) negotiated NAFTA. The then Democrat Congress approved it, and Pres. Bill Clinton signed it 30 years ago now. NAFTA destroyed the working class that had long been a key, Democrat constituency. Why do you think that the Democrats are for open borders? Because they have to replace all the working class voters they’ve lost over the past 30 years.

      What was disconcerting about NAFTA was that: 1) people from all ends of the political spectrum were against it; 2) that all of Congress was involved in its approval; and 3) that it passed with a simple majority vote. The mass media and talk radio discussed and covered the first point; indeed, opposition to NAFTA was so widespread that it couldn’t be ignored.

      However, what was disconcerting was how the Constitutional questions raised by NAFTA WERE TOTALLY IGNORED; they weren’t raised at all! No one raised the question about the House being involved at all in a treaty, which is what NAFTA was; only the US Senate should’ve been involved, per Article II of the COTUS. Nor did anyone raise questions about why a simple majority vote was being allowed by both houses to pass it; again, per Article II of the COTUS, a 2/3 vote is needed for all treaties.

      Why didn’t anyone RAISE QUESTIONS about why NAFTA wasn’t handled as a treaty? I think that we can all agree on a treaty being an agreement between two or more nations, couldn’t we? Isn’t that an acceptable definition of what a treaty is? NO ONE RAISED ANY QUESTIONS OR OBJECTIONS TO THIS! That’s what upset me during the whole NAFTA episode! We saw a repeat with Trump’s vaunted USMCA, aka NAFTA 2.0.

      Anyway, to anyone paying attention, the Democrats showed their hand 30 years ago when they approved NAFTA; NAFTA was the death of their working class base.

      • Hi Mark,

        I haven’t considered NAFTA, but you’re right. I was young when NAFTA was passed. It also appears that Ross Perot was right about NAFTA when he ran for President 30 some years ago, but he was never elected President. I do wonder though if Presidential elections have always been rigged to favor the “D” or “R” candidates at the time instead of 3rd party candidates given what happened in 2020. I refuse to believe that Joe Biden MAGICALLY got more votes than even Barack Obama did during his runs for President, especially when you consider that Biden NEVER got anywhere beyond the primaries during his first 2 runs for President.

        • Hey John B, Ross Perot created the Mold for Elon. Perot was the first GovCo Billionaire by selling software to the feds to manage Medicare. Hardly a free market miracle a la The Muskrat.

      • Hi Mark,

        Exactly! Get rid of the American working class, import a new class (of political dependents) and – voila! – you have enriched yourself (via the corporate interests who profited from this) and established the basis for reliable political support in perpetuity. But this plan may not work – if the new dependents decide they prefer independence. Many of the Mexican/Central-South American people are in this category. They just want a better life – and are willing to work hard for it. It is noteworthy that a significant percentage of them now tilt right rather than left. Also, they have a more traditional culture, too.

        • Hi Eric,

          I read somewhere that many people who came here illegally (supposedly in search of a better life) are going back to the country where they came from after seeing deteriorating conditions in this country.

          • I read that as well, John. A couple from (I believe) Venezuela, of all places, moved back home, after coming here illegally. That, due to the fact that the liberal city they were in was even worse than where they came from. It just makes me shake my head.

        • >significant percentage of them now tilt right rather than left.
          Yep. My former next door neighbors fall solidly in that category.
          They are living the American dream, and have no tolerance for Marxist political nonsense nor the glorification of sexual perversion.

      • More than NAFTA, the addition of China to the WTO, at “favored nation status” was much more destructive. One Bill Clinton, elder statesman of the Democratic “party of the working man” gleefully signed that one.

        https://en.wikipedia.org/wiki/United_States–China_Relations_Act_of_2000

        With a stroke of the pen, Clinton doomed Mexico to continued poverty thanks to the giant sucking sound of China taking away all those low-cost manufacturing jobs. At least the drug and agriculture industry in Mexico live on, and the porous Rio Grande border too.

        • RK..Holy Chit Mang!!!!
          You “sparked “ a reminisce….

          Did a tour with Emerson Motors handling Cost accounting for a border maquiladora …

          Manufacturing appliance motors in Reynosa Mexico… the place was exploding with “ green field” factories in 1999…

          Gee, I wonder if the place is still there..

          Sidebar.
          .Actually watching the progression of a washing machine motor from zero to a functional motor at the end of a 300 boot manufacturing table (mesa)…
          Is WILD!
          RIP Río Grand manufacturing.

        • Clinton was definitely the one who turned whatever concerns the Demonrats had for the working class over to Wall St. Made himself a multi millionaire by selling out the middle class. Ross Perot was spot on about NAFTA; I actually voted for him and as I recall he had a decent showing of support, despite the MSM going overboard portraying him as a nut job.
          One thing I give credit to Orange Man is that he shitcanned the TPP – the Trans Pacific Partnership that would have been NAFTA on steroids for jobs going to Asia.

  25. Last Monday, I drove my 2018 Camry LE, purchased new for $20,000, from Austin to a gas station 50 miles outside New Orleans on one tank of gas. I could have gone all the way into the city without filling up, but I didn’t want to push my luck with an outing planned to visit Oak Alley the next morning.

    460 miles. 46.6 MPG. 126 miles range remaining according to the vehicle’s displayed estimate.

    For the record — ethanol-free gas, new tires, and a fresh full synthetic oil change.

    I filled up in less than five minutes and was back on my way.

    • Hi Roscoe,
      I get around 42 mpg on the highway with my (4 cylinder) Corolla, using deathanol adulterated gas; always wondered what it would be if I could use pure gasoline. No place to get it around here, unfortunately, except at the hardware store for $20/gallon 😖 which I buy for my snowblower since it’s worth it to not have to rebuild the carburetor every year.

      • You can “make your own” unadulterated gasoline easily.
        All it takes is water. When water is added to ethanol-laced gasoline the ethanol separates into a layer from the gasoline and can easily be drained off. There are plenty of youtube videos showing how to do it…

        • Hi Anarachyst, if I remember correctly the ethanol boosts the octane level so removing it may lower the octane level.

      • Check around with classic car clubs and ask where their members buy ethanol-free gas.

        When I (briefly) worked in Seattle, a co-op out in Issaquah near my crash pad sold ethanol free gas long before Trump lifted the restrictions to put it back in gas stations.

        Also, check Walmart near where you live.

  26. In the last week I’ve driven my 20 year old car about 300 miles and put in about 10 gallons of gas in less than 5 minutes. Tell me again about those “Fast Chargers” of your Elon.

    An assembly line worker might care more about what he builds if he can afford to buy the product he builds. Not many workers would want to buy a poorly made product if they knew it was total junk. I wonder how many of Elon’s employees have bought a Tesla instead of an ICE car?

    That might explain some of the poor reviews of products made over seas. How much would you care about it if you knew you would never own or use what you built?

  27. Musk, himself – promised that EVs would elaborate like other electronic things, such as computers, that were expensive when they first came out but became less so over time as the technology became less expensive and economies of scale came into play.

    Those “economies of scale” actually had nothing to do with scale, at least in the traditional sense. The innovation that put a computer on everyone’s desk and later in everyone’s pockets were the scaling down of transistors through a constant drive to be the first manufacturer to keep up with Moore’s law. Much like bitcoin miners all trying to get the next coin, the chip fabs are in constant competition with each other to make the next generation chip, usually referred to in the press by the ultimate resolution of the chip die. So the 7nm process is supplanted by the 5 nm or 3 nm processes. The competition has very real consequences for the winners and losers because once that goal is achieved they get the first mover advantage. In the mid 2010s Intel had trouble getting to the 7nm process, which opened up the door to ARM manufacturers to take some market share. Even after Intel caught up ARM was far enough along to be the choice of Apple when they began building their own chips for laptops. And of course the mobile market is dominated by ARM designs even though low power Intel chips are competitive.

    And why are smaller transistors important? Because they use less energy for the same amount of computing power. Because there are more of them in the same space (much like energy density in fuels), so more are available for the programmers to make use of. And they’re closer together and therefore more able to communicate quicker, that pesky speed of light being a constant problem to overcome.

    All the other stuff around the microchips is pretty easy engineering. It is really hard to wring more efficiency through scale when building printed circuit boards, which is why they’re manufactured in China and Vietnam, countries with very low labor costs and lax environmental standards. India will likely be the next low cost manufacturing country, only because they can keep the poor in line with the caste system.

    And let’s not forget the first computers were pretty limited in what they could do. Yea, you could run spreadsheets and write letters, but really most people bought them for their kids because it was assumed they’d need to know about them. And the kids spent a fair amount of their time playing crude games that were still better than the Atari VCS. After Nintendo brought out their cheap and playable game system the market for home computers cratered until AOL gave everyone an email address, which had nothing to do with computer horsepower. But people found uses for them that weren’t traditional mainframe roles. You couldn’t run your airline reservation system on a desktop PC, and there’s no way you’d want to. But you could run lots of simple programs that helped you do your job that would never be approved by the keepers of the mainframe, wherever they were.

    EVs should have a place in the transportation network (actually, small non-highway vehicles no matter how they’re powered). In a way they already exist in the form of side-by-sides and dirt bikes. But they’ll never get past the niche category because there’s no mechanism to allow them on the road. Oh, there’s the golf cart communities in the south, but that’s not really an option in cold climates. Small enclosed EVs capable of a top speed of 50 MPH or so would be fine for many towns, could be recharged via 120 V outlets and maybe have a 50 mile range. That’s fine for many trips, especially if there’s room for groceries. But the gas version of the thing would still probably be a better vehicle if only because 50 miles worth of gas is about 2 gallons, vs the still very large battery necessary. But you’d need to pay for insurance, registration and property taxes, which shift the economics toward a more all-purpose vehicle.

    • Good points. The economy of scale that Musk should be referring to is of supply chain and process refinement.

      Since EV is a “growing market”, there is no economizing the supply chain. More demand = higher prices.

      There has been no technological achievement to drive down production cost either. Maybe the assembly can be tweaked for some cost savings, but I doubt it.

      But maybe Musk also took a hint from the fedgov and their pursuit of anti trust with Apple. If he were able to make a best selling cheap car, he may be the next target. Since anti trust is used to go after enemies and those who don’t donate enough to DC, Musk would be a juicy choice right now.

      • On your worst sick day you’re still a better writer than most of The NY Times staffers, and the entirety of the television news cartels.

  28. A decade ago, Musk probably did not anticipate that the Chinese would enter the EeeVee business and do what they always do — drive down prevailing prices to production cost, erasing any profit margin.

    Being a business person, Elon is not going sell a Model 2 for $25,000 when Chinese makers can sell it for $20,000 — for as long as it takes to drive out Western competitors.

    Meanwhile, Trump has promised to institute harsh tariffs (up to 100%) on cheap Chinese EeeVees, as Europe debates doing the same.

    What does this mean for auto buyers? Basically, in the West, EeeVees are going to remain costly devices for the elite, sold at uncompetitive prices.

    It’s the same business model used for ICE vehicles: in the Third World, buyers have access to cheap econobox cars at a $10,000 to $13,000 price point. These are kept out of rich countries by regulations forbidding their sale.

    Bottom line, rich-country automakers now are in the rent-seeking business. They collude with governments to exclude cheap competition, so they can sell costly vehicles built by costly labor in ‘walled garden’ protected markets.

    One way to defeat their calculated exploitation is to just walk away: don’t buy their shit. Since they are Enemies of the People, our mission is to crush them like bugs … laughing, laughing!

    • Tesla has the low cost pickup segment to itself. The Chinese aren’t interested.

      So why is the Cybertruck not being delivered at $40,000 as promised?

    • quote: It’s the same business model used for ICE vehicles: in the Third World, buyers have access to cheap econobox cars at a $10,000 to $13,000 price point. These are kept out of rich countries by regulations forbidding their sale.
      Bottom line, rich-country automakers now are in the rent-seeking business. They collude with governments to exclude cheap competition, so they can sell costly vehicles built by costly labor in ‘walled garden’ protected markets.

      Precisely this. Thats why I believe west as a whole will be undeveloped totalitarian shithole while civilization and freedom will continue in some South American or African region. I dont see signs of western corporatism ever letting go. The big corporate bureaucracy and big government bureaucracy are so entrenched I can only picture more freedom reducing solutions. Like Germany pre napoleon It took a conqueror to remove the power of their guilds.
      Western government s may invent some UBI or some government housing to prevent violent revolution ,but they will never let things decentralize.

      • Hey Pupet,

        I concur. Especially with “they will never let things decentralize.” Also, like the issue with the expense of new vehicles, there is said to be a “housing crisis” in many areas, really amounting to houses being prohibitively expensive for much of the population. One solution would be to let people buy smaller plots of land on which to put smaller houses. But developers are loath to do such. They put the largest houses possible on already small lots, resulting in houses that take a lifetime to pay off. And it’s apparent that they also run the regulatory apparatus, and thus keep any enterprising disruptors out of the market.

        It is something that would allow the generation of wealth among the populace. Imagine if young people could purchase a new $10k car, along with a new house and small lot for $30k. Those could both be paid off in a few years, allowing said young adults to begin to amass wealth, not continually being siphoned down by their ruling feudal lords. Then, they could sell the small house to some other nascent adults, and BUY themselves something better. By the time they are in their middle ages, they may just have enough money to retire.

        What a thought.

        • Hi Bandon,

          quote: And it’s apparent that they also run the regulatory apparatus, and thus keep any enterprising disruptors out of the market.

          Im not even sure the developers are the main culprits. They benefit for sure but Im sure there are smaller scale developers with less manpower that would like to build simple small housing. The solution runs deep western governments have used housing as collateral for a long time. It caused 2008 financial crisis but things keept going.The aim is to make no one own housing and use housing itself as colateral and increase gdp by making sure people stay busy or they are out of the house.

          quote:
          Imagine if young people could purchase a new $10k car, along with a new house and small lot for $30k.

          Its not hard to imagine. It is the real price of things as they should be. You could easily make it reality. I would make it easily with couple of measures an no money wasted or bureaucrats hired. First I would abolish all building permits at least for one story houses. Second I wouldn’t allow corporations,foreigners and banks to even own land and third I would cap the amount of land person can own.

          nothing like this will happen due to western governments being greedy , boomers being narcissistic loving the fact that they as retired assembly line worker with 3 houses are more important and wealthy than top young professionals , and young people taking huge mortgages effectively forcing themselves in to the system. only hope is total collapse of financial system aka dollar and its derivatives .
          Cars cost around 10k in the third world they could cost even less with less regulation but you can get a pickup truck in south America for 10 12 k.

        • ‘Imagine if young people could purchase a new $10k car.’ – BaDnOn

          Now they just purchase the $10k car, sans the lot or the house, and live in it.

          In a video, a guy living in his Camaro with the back seat removed and Foamcore blocking out the windows, shows how to cook a shrimp ‘n pasta dinner on a hot plate and woof it down. Good times!

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