Peloton - really people?

[VicBee]

Lower price will lead to less incentive to convert.
Now I may be wrong but I believe these guys can make a profit at 40 bucks a barrel.

Provided you have sufficient demand volume, not if demand drops by 40% in 10 years.

 

[VicBee]

Remember that unlike the US, Europe, largest vehicle market in the world, is mandating ice replacement to ev by 2035. That's a pool of 310 million vehicle (US is 276 million, China 302 million, India 295 million, 1.4 billion globally including existing ev). It's fair to expect that by 2035, at least 80% of European vehicles will run on electricity, either oil and gas created or alt energies.
Once the great replacement (is this what they mean?) is in full implementation globally, the ice park will be cut by at least 50% and only the most visionary and dynamic energy suppliers will survive (BP comes to mind).

 

[Overnight]

...
Once the great replacement (is this what they mean?) is in full implementation globally, the ice park will be cut by at least 50% and only the most visionary and dynamic energy suppliers will survive (BP comes to mind).

Not when Germany shuts down their nuclear power stations. Wind and solar on their own is not going to cut it.

 

[nooby_mcnoob]

https://www.cnet.com/health/fitness/diy-peloton-bike-how-to-build-your-own-smart-cycle/

I just use my phone while on the bike. Or I have a video playing on the TV. What do people need all this for.

 

[VicBee]

Not when Germany shuts down their nuclear power stations. Wind and solar on their own is not going to cut it.

Agreed. Perhaps Germany can be reasoned into maintaining its nuclear power plants. It's either that or coal and/or Russian energy which are worse. That's something the Germans will need to come to terms with sooner than later.

 

[tango29]

Lol... And another one... If I got a buck every time I heard those points I'd be a millionaire by now.
We got a few in here with the nearly identical reasoning, and I'm sure you believe you're your own independent thinking person. Many, of course, come from industries negatively affected by the evolution to ev. Heck, if you make your money from the greater oil and gaz industries, I get the uneasiness. For others -often related- it's a political argument. This party wants this, so my party doesn't.
You're probably right. Who wants to own a car that catches on fire anyway? How'bout them sudden braking issues... Just not ready, right?

"A recent study conducted by AutoInsuranceEZ using data from the US National Transportation Safety Board showed that electric cars in the US caught fire at a rate of 25.1 per 100,000 sales, versus 1,530 for ICE vehicles and 3,475 for hybrids.4 Feb 2022"

"Ford is recalling more than 39,000 SUVs after 16 under-the-hood fires, the company said. The recall covers certain 2021 Ford Expedition and Lincoln Navigator vehicles in the United States that were built between December 2020 and April 2021.20 May 2022"

https://www.reuters.com/business/autos-transportation/mercedes-benz-recalls-292000-us-vehicles-over-braking-issue-2022-05-12/

https://www.cnbc.com/2022/04/22/ferrari-to-recall-more-than-2000-cars-in-china-over-braking-issues.html

Where did you come up with the fire issue? I said Tesla has quality control issues, I didn't say anything about fires. Not sure what got you to that point, but you quote me like I even mentioned it. And unfortunately for me I haven't had an investment in an oil or gas company for quite a few years now. So I missed the current run in those companies.
All I said, and am saying, is I think the lithium battery is the easy, now solution, but I don't believe it is the best solution. Sadly as happens, the money is being thrown at it without thought to a long term answer that is best.

 

[The_Krakenite]

And here are the results from the FIRST Peloton-type stock...

Ooops. Never mind, that was something else that wasn't supposed to happen. Nothing to see here folks!