While I believe the transportation future will be electric, I have my doubts about the initial take up.
Here is why, Joe Bloggs wants to upgrade the family wagon to EV, but the dealer is NOT interested in his fossil fuel trade in. The ol family bus has been begging DumbTree patrons for three months to steal this HOT bargain for just $3999.99, which is the same amount owed on finance for his dinosaur buy of a life time.
Joe can't give the thing away and still afford the EV, so he's stuck with it for at least another year of payments plus maintenance and the EV is just a pipe dream for the Bloggs tribe.
Moral; lithium is gonna take awhile to exponentially take off because there are just too many Joe Bloggs driving white elephants. Hence my dilemma, do I take the company 1:5 entitlement offer of $0.02 shares or wait awhile longer? Decisions, decisions.
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