Sign of the timesBefore getting on with what I want to say....Some may call me elitist....I am not poor so perhaps I am different than the majority of people.
This evening, I went out of my way to fill up my full-sized SUV at 2.05 a litre whereas the price through most of day was 2.14. The fillup cost me 90 bucks.
Earlier today my wife and I made the the decision to buy an EV and we are looking at what's available. We narrowed the decision down to a TSLA Model 3, a BMW i4 or a Hyundai Ioniq5. Sometime over the next couple of weeks we will order one of them.
Why do I mention this?
Unless I am atypical ( perhaps I am ), this spells a sea change in the future market for oil demand for transportation oil.
More importantly, my research tells me that there are now real alternatives to buying a TSLA and a TSLA is longer a slam dunk buying decision.