Oaktree
Super Member
Plus Model E sounds much like Model 3 that is eating margins at the old line car makers.I think Ford and others may be having a knee jerk reaction after being asleep behind the wheel for 10 years while Nissan and Tesla were actually in the EV space and selling them to the public worldwide. The recent story how MB sales were down $22 million in Norway because the EV's in that country made up 40%+ of new car sales.
I think it was world wide but I read Telsa was reporting 22% of trade-ins where BMW or MB higher end cars.
Your last statement tells me that EVs=rich man's toy/status symbol.
I've never been to Norway, but I'm a more than a bit skeptical about EVs accounting for almost half of new car sales unless the government is making it extremely difficult to buy a conventional vehicle or there are other economic factors that don't apply here in the U.S.
I would always have two vehicles so a basic cheap EV would work for me. For most users, adding $10-15k to get a 400 mile range and 30 minute charge will be difficult to justify. On the handful of long trips most of us make, stopping at a gas station and filling up in 5 minutes is the preferred option. Use the ICE for that, and EV for daily running around.
Seems kind of an expensive solution for most people, having a 2nd vehicle just for trips. ISTM that most who have a "standby" vehicle it would be something like a truck that gets used only when they need a truck.