Have you ever been to the developing world? Battered old cars are worth more than a year's average per capita income in much of the world. They're not throwing

Have you ever been to the developing world? Battered old cars are worth more than a year's average per capita income in much of the world. They're not throwing away recently manufactured US/European/Japanese cars before 2050 just because their country's 0.1% now find subsidised Teslas more financially attractive than Fords or Mercedes. Actually, they probably won't find subsidised Teslas more appealing than Fords or Mercedes if they drive long distances, because it's a lot easy to find a roadside shack with gasoline than EV hookups. There are already production EVs cheaper than any US manufactured car made in China, but it isn't going to make much of a dent in the residual demand for the billion ICE cars, trucks vans already in existence in places where people buy second hand and maintain forever.