|
Oh Kaisan here you are hyping the Volt again. But I suspect you have yet to actually buy one- or am I wrong?
The facts are the Volt is an overhyped two arm ugly failure heavily subsidized with our tax money. It is nowhere near meeting the sales targets GM set for it (10,000 per year- they've sold 3,895 and there are hundreds-if not thousands- sitting on dealer lots). The Buick for grey hairs made on the same production line is outselling it two to one. The Leaf is doing the same thing.
In short, the Volt is just more proof that the government should not make business decisions.
The Tesla, while also subsidized, promises performance and range that would surely sell- if Tesla can deliver. And they are beautifully designed. But all we've really seen is a lot of hype and one small, very heavy overpriced Lotus with a very limited range. Could you take it to the track, flog it all day and drive it home the way you can a real Elise?? No friggin' way.
For now I think Island said it best- hydrocarbons are cheap and battery technology has a long, long way to go before it's going to be viable much less affordable.
Let investors risk their money- and quit risking ours.
|