Posted by: seanmalstrom | February 15, 2021

Electric vehicles were disrupted by gas guzzling cars a hundred years ago

People assume we transitioned from horse and buggy to the gas automobile. This isn’t true. We went from horse and buggy to electric cars. And what disrupted electric cars? The gas automobile. The ‘crappy product for a crappy customer’, gas automobiles, got better and better and destroyed the market for electric cars.

Here’s an interesting article on it

The upcoming failure of the electric vehicle market is already a century rhyme of history. Hat tip to “The Big Short” Michael Burry for pointing out that article.

Abandon ‘authoritative and familiar’ and embrace ‘data and results’.


Categories

%d bloggers like this: