"The last time copper was at this price people hadn’t even heard of Tesla."
You probably should have put it in quotation marks....................given that that quote belongs to somebody else.
I think you will find quite a few of us have heard of the bloke that the EV was named after.Nikola TeslaNikola Tesla, (born July 9/10, 1856, Smiljan, Austrian Empire [now in Croatia]—died January 7, 1943, New York, New York, U.S.), Serbian American inventor and engineer who discovered and patented the rotating magnetic field, the basis of most alternating-current machinery.
Banking on a Super Cycle will require a lot of things to fall into place.
There will be no Super Cycle if the PC Virtue Signalling mob destoy Manufacturing and Agriculture's viability by forcing electrification of Farming Machinery and making Energy far too expensive for industry.
You can subsidize Energy production all you like to make it appear cheap ............. but in the end the distribution of resources between the doers and the bludgers is all that counts when prosperity is the desired outcome.
Look no further than Venezuala .................... per capita it had more $$$ worth of resources than Australia, but it only took a few idiots to trash it.
The process of moving away from hydrocarbon horse power needs to be gradual. Ploughing a paddock and sowing a crop are but just a few of the tasks required to deliver food to the Cities.
Subsidising Solar and Wind are just an indirect way of taxing the sheeple ...........either way their disposable income is reduced.
Lets hope that the very ignorant Carbon Neutral Vealots don't collapse society before things transition.
MI
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