No he doesn't.
First hint - he's on twitter (see my signature).
Second - see what comments he gets on his own thread.
Third - I bet the service station owner in the Nullarbor is charging far more for the electricity than the cost of the diesel - so he is happy. The EV driver knew before he started crossing the plain that he would be paying premium price to get recharged - after all, some people buy a can of coke from the service station whereas they can get it at half price from woolies. Why? Convenience.
Fourth - that foolish man is making fun in trying to show how stupid the EV revolution is - even though it has just started in earnest and there isn't yet enough infrastructure. He is no smarter than IBM when in the 50s or 60's said there would only be a market for 5 computers in the whole world, and in the 70's said that there was no market for PCs. And Kodak who invented the digital camera said that film is better. And Nokia who said that smartphones are useless because they don't work in 2G/3G. And this one is fantastic - I cannot find the reference - in the early 1900's people used to keep their food in iceboxes - and a very large company delivered blocks of ice daily to the households. Then someone invented electric fridges - but the company said that they are not in competition with them as they are in the ice delivery business - needless to say they eventually went out of business.
The infrastructure has to be built over the next decade - many more batteries, transmission lines, solar/wind collectors etc - you can't expect it to be all there now. (A friend of mine complained 20 years ago that that everybody is entitled to a sealed road going to their house as he didn't have one - he lived in Cooktown!).
Some time ago I posted a back of the envelope calculation showing how service station owners in the Nullarbor can make a fortune once swappable batteries become the norm.
https://hotcopper.com.au/posts/64940719/singleAt the time I wasn't aware of this:
Nio Battery Swap StationIt can swap over 300 batteries a day - so that would work very well in the Nullarbor.
Of course standardisation is an issue - eventually market forces will sort it out. Possibly even after-market businesses may spring up to convert manufacturer's batteries to be swappable.
I can see a decline in service stations - most people will recharge cheaply at home, but pay a premium when they cannot. Those who swap batteries will be able to earn a fortune, as I explained, because they can source the electricity cheaply from the grid (or freely with their own solar/wind farms), and resell it with huge markup. (I have a sodastream - it costs $19 to refill the gas bottle - a friend bought an adaptor in Germany - he refills a much larger tank with CO2 from some business, then he refills his sodastream from that - he says each refill costs him 10 cents - and his one big tank refill lasts him years!!!!)
I can see a decline in the need for petrol/diesel tankers also - some can be parked at the back of the service stations as backup to drive generators(*) when the sun is not shining, and the excess might be gobbled up by Mad Max fans.
* people may object to this as being a contradiction - however this would represent a negligible use of carbon fuel. Just last month the external power line to our apartment block failed - so they quickly (half a day) installed a diesel generator for our 60 apartments - it took 2 weeks until they tracked down the problem and dug up the road in 3 places. I am told that the electricity to our building is green - so two weeks of carbon over many years is hardly something to complain about. So, in an emergency one can use extraordinary measures, and any person driving through the nullarbor is in an equivalent situation.
I can't get it out of my head - a revolution has just started. If you are not in it, imo, you'll miss out. The (small time) shorters, option traders, day traders, may make one or two hundred dollars for each $10,000 they lay out - but a sudden turn might wipe them out. The big time guys have bots and fancy stuff - nothing much we can do about that except top up when they drive the price down, or skim a bit when the SP jumps outside the charts (I am not a chartist). Remember, when big events happen the SP moves fast. Again you have to be in it not to miss out.
All my opinion - not advice - what would I know.
ps: I don't know how this shorting works - it seems the guys who lend out shares are on a sure thing - they buy the shares - they lend them out for a fee - then get them back and, if the value goes up, which is what we expect they'll do as that's why we bought them in the first place, then they profit from that too. They only miss out on dividends - and many lithium companies will not be paying dividends for a few years - so they miss nothing. How can they lose? Have I got it right? If so how do I lend my shares?
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