‘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

Advertisements

Leave a Comment

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s