‘Peak Car’ and the End of an Industry

Wouldn’t it be ironic if we reach “peak car” (that is the turning point where individual car ownership declines as more and more people use scooters, Uber, etc.) just as Tesla figures out how to mass produce cars profitably? That would be a big bummer for Tesla shareholders – to own stock in a company finally able to mass produce cars just as the demand for those cars wanes.

Maybe Tesla has “mobility” plans.

-Dr. Moore

‘Peak Car’ and the End of an Industry
https://www.bloomberg.com/news/articles/2018-08-17/-peak-car-and-the-end-of-an-industry

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