Here is the money quote:
“With...regulators around the globe cracking down on the internal combustion engine”
Ford is banking on a little ‘nudge’ from government, for this transformation to happen.
I’ve been trolling Tesla boards lately, and a lot of millenials are outright offended by the gasoline engine...they have no sense of history, and can’t comprehend how tough life would be without fossil fuels. Ford has to try and sell cars to these lunatics.
>>and a lot of millenials are outright offended by the gasoline engine...
But the rest of them rice up their Hondas and Subarus and burn Earth Sweat like the rest of us.
I was forced to sit through a Presentation from a Wall Street investment dude this week who was convinced that electric cars are “Taking over the world because, they’re just better”.
This same guy predicted the US Fiscal deficit THIS YEAR would be $1.2 Trillion.. (I made a $100 wager with him that it would be below $1 Trillion).
He showed a number of countries.. like India... that are mandating all-electric cars by 2030.... puh-lease.
His kicker, ie: closing argument was: The HUGE DOLLARS invested in Tesla. SO MANY PEOPLE betting with their dollars CAN’T be wrong!
Except, when they are..
Most liberals also have no idea that close to 30% (and growing) of all oil use is NON-FUEL in nature.
Most liberals also have no idea that close to 30% (and growing) of all oil use is NON-FUEL in nature.