Comparing ICV to EVs to cellphones

 I still hear friends complaining that EV (Electric Vehicles) are too expensive compared to ICV (Internal Combustion (gas) Vehicles). Or they are worried about the range or battery life...

Bloomberg thinks that peak ICV already here, the number of ICE vehicles sold will continue to decline year over year until there you can't buy them anymore - they are correct. Tesla vehicles are better in every way (safety, performance, reliability, price) than gas or diesel cars, already.

You might think the price is higher for EVs, but only the purchase price, if you consider the total cost of ownership, Teslas are cheaper. Cheaper because they have far better resell value, because charging is way cheaper than filling with gas (and getting cheaper), cheaper insurance, less maintenance, and more reliability. Never mind that you aren't killing the environment or children.

It's like comparing a feature phone with a smart phone:

Feature Phone

A feature phone is:

  • Cheaper to buy!
  • Batter lasts longer (like a gas car has more 'range')
  • It has buttons!
Filling up at a gas station is for loosers. Filling up at home is way more convenient, less smelly and faster in a way.
Hybrids are for loosers. All the disadvantages of a car (maintenance, pollution, unreliability) and now the (small) battery is extra weight and taking up extra space.

If you are buying a new gas car today, you are making a big mistake. In 5 years time you won't be able to give it away, it's going to depreciate that fast. In 10 years time your going to have to look at Google maps to find the nearest gas station, because there will be so few to choose from. Gas prices will fluctuate like crazy, sometimes super high other times super cheap. Meanwhile, electricity prices will keep getting better, or 'free' if you install a solar panel.

The era of gas is over, do you want to be the last person to buy a gasoline vehicle? Are you still buying Nokia feature phones?  Are you still buying kerosene for your lanterns? Don't be on the wrong side of history.

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