Newfie wrote:So everything is hunky dory and I can give up worrying about climate change and global financial collapse?
ennui2 wrote: doomers seem to be more interested in naysaying companies like Tesla .....
ennui2 wrote: the funny thing is that the same doomers who, 10 years ago, said they wanted all this green tech, now that it's starting to happen, don't seem very happy.......So what that tells me is that they NEVER wanted these things to happen even back then.
ennui2 wrote:"The world sucks because BAU is still standing and I hate the decadence and immorality of 1st world culture."
It's kind of a hellfire and brimstone attitude, like Sodom and Gomorrah, the end will come because people's lifestyles are too wasteful and decadent. When or how is anyone's guess, but people will get what's coming to them, because...doom.
ennui2 wrote:
10 years ago most doomers were strong proponents of EVs. This was back when a lot of the derision was reserved for things like corn ethanol and hydrogen fuel cells. And again, it helped that they could cling to mustache-twirling narratives, namely the evils of GM, Cobasys, etc... The narrative was this:
"Our salvation from being slaves to oil is being denied by corporate interests and corrupt government."
But now what kind of world are we living in?
There's nothing that magical about getting an EV. The availability of minimum viable people-movers to get people to work and back without gasoline is a done deal. CAFE standards, a grudging admission of AGW, and catalysts like Tesla are pushing the industry where doomers said they wanted us to go 10 years ago.
So that SHOULD make doomers happy, right?
Wrong.
Critics observe that Tesla loses over $15,000 on every car it sells and could not exist without government subsidies. The share price, they assert, is grossly overvalued, giving Tesla an inflated market value of $34 billion, a figure nearly four times bigger than Fiat Chrysler Automobiles NV’s FCAU, +0.47% $9 billion. For comparison, Fiat Chrysler produced 4.7 million cars and light trucks in 2015 versus 50,000 for Tesla.
Ford Motor Co.’s F, -0.39% market value is $55 billion, and General Motors Co.’s GM, +1.77% is $50 billion. GM’s stock trades at a trailing price-to-earnings ratio of 4.1, while Ford trades at a P/E of 6.2. Tesla’s P/E is a large “N/A,” as it has no profits.
http://www.marketwatch.com/story/this-i ... 2016-07-28
Newfie wrote:So everything is hunky dory and I can give up worrying about climate change and global financial collapse?
Loki wrote:I just don't see them as THE solution.
Loki wrote:Come to think of it, I can't think of any peak oilers who were gung ho about EVs.
Loki wrote:As for Tesla....yeah....
Seems less like the savior of mankind, more like a very expensive vanity project for Elon Musk. Or, if he's as smart as everyone says he is, a pump and dump scheme that will make him richer than God.
Alfred Tennyson wrote:We are not now that strength which in old days
Moved earth and heaven, that which we are, we are;
One equal temper of heroic hearts,
Made weak by time and fate, but strong in will
To strive, to seek, to find, and not to yield.
ennui2 wrote: I am finding a resistance to comparing where we are today from where we thought we'd be 10 years ago and what that difference means.
ennui2 wrote: now it's just a small group of closed-minded zealots who are talking past each other.
pstarr wrote:Folks have much more nuanced opinions on things, they just react angrily and grossly to over-generalizations. Like yours. It stinks and I hate it lol
ennui2 wrote:
So there you go. Doomerism, circa 2016.
This is kind of an update of the psycho-analysis done by JD way back when here:
http://peakoildebunked.blogspot.com/200 ... edlot.html
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