EVs -- A Passing Fad? January 26, 2024

Locator: 46660EVS.

Themes -- 2024.

EVs: have lost their luster

• 2024 was to have been the break-out year for EVs
• high interest rates and the long UAW strike will push this transition out at least another three years (2027)
• it's obvious that EVs are luxury cars, and Americans are subsidizing rich folks to buy luxury cars
• state governments will realize that lost gasoline tax revenue is a huge problem for highway maintenance, much less new highways

From "MarketWatch" today:

From the linked article:

In the early 1990s, every self-respecting American yuppie and retired suburban couple bought an electric bread maker, with sales hitting 4 million units. But the fad soon faded as these amateur bakers discovered that stuffing a precise quantity and ratio of flour, eggs, butter, yeast and salt into a metal box takes time and costs much more than strolling to the corner bakery.

Are plug-in electric vehicles the bread makers of our day?

I remember those days. I never bought an electric bread maker but for awhile I enjoyed baking my own bread, but that fad ended quickly ...  for the same reasons as noted above.

I no longer care about EVs one way or the other -- I don't know if I ever cared one way or the other -- scratch that -- I actually bought a few TSLA shares not too long ago but quickly thought better of that ...  

Now, I'm simply fascinated to see how this all plays out. 

By the way, my favorite bread now: from Tous Les Jours. Nothing else comes close.

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The Book Page

Just ordered this book. Will arrive Monday.

Arrived:

I wish I had kept a 3 x 5 card of every place I visited in my lifetime. The Hearst Castle would have had a 3 x 5 card -- I visited it with the love of my life at the time -- it must have been back in 1974 or thereabouts. I've wanted to go back many times, but it is so far off the beaten track ....  but wow, what wonderful memories.