4 ms·
The fossil fuel economy has enjoyed a psychological bubble: we can trash the atmosphere with whatever we want. Tesla was the ONLY automaker to look at the SCIEN
by WhompingWindows 6y ago
The fossil fuel economy has enjoyed a psychological bubble: we can trash the atmosphere with whatever we want. Tesla was the ONLY automaker to look at the SCIENCE DENYING bubble and say: maybe we actually need to emit less GHG or our planet is doomed.
Everyone thought they were crazy, that it was a waste of money to emit less garbage into the air, and NO ONE stepped in to compete on EVs. Meanwhile, Tesla were simply following the science, which said we NEED EV's. As the science has progressed, many governments in Europe and some US states have massively pushed toward EV, and early adopters who are also looking at science and the performance of EVs say: I'm rich, Tesla works for me now.
Does Tesla have too high of a valuation? Maybe, but their EV's are years ahead of the competition, so maybe not. Maybe the fault here is with other automakers for completely ignoring EV's for the first decade of Tesla's domination.