1 - Tesla didn't lose the crown to BYD in the first half of the year. The former produced around 550k electric vehicles while the latter produced around 330k<br>2 - The rich people who were Tesla's first buyers might have been virtue signaling, but they're the ones who payed for R&amp;D and capex to take the company where it is today, namely the only player capable of producing electric vehicles with world leading efficiency on a large scale profitably (we don't know for sure where BYD stands). That capacity of course trickles down to energy storage. Today and for a few years now, buying a Tesla has made more economical sense throughout the life of the vehicle than buying a comparable ICE car.<br>3 - Cobalt, nickel and lithium are not "rare earth" minerals<br>4 - The industry is massively switching to batteries that have cathodes made of lithium, iron, phosphate and magnesium. That's not to say demand for nickel and cobalt is not increasing but...<br>5 - Internal combustion engine technology has been perfected on an industrial scale for over a century. Lithium ion batteries have been for a few decades. If one is going to attack the environmental and human cost of battery production, one cannot assume a linear technological improvement in design, sourcing and production. One also has to compare the cost of this new paradigm to the cost of a status quo that can barely be improved from here. So what's the human and environmental cost of oil and gas ?<br>6 - In most cases, even if the electricity used to build then charge your battery came strictly from coal, with the power train efficiency being 3 to 4x what you could hope to get from an ICE, it would still be more environmentally sound to use an EV.<br>7 - We will run out of fossil fuel sooner or later, so our civilization has to transition at some point<br>8 - How would you transition the world to sustainable energy ?<br><br>I'll be glad to discuss this subject further with you.,(reply>), @Hammerhead547 Tesla vehicles are no longer eligible for tax incentives in most places, their prices have kept increasing, so has their production capacity, and yet the waitlists keep getting longer. Respectfully, I'm not sure why you would be so biased against EVs as to ignore the data that's in front of your eyes but you're in for a rude awakening man.,(reply>), @Vincent Karaboulad <br>There's lots of people like me who have zero interest in owning an EV and will never adopt them, even after governments ban gas /diesel vehicles its still going to be a good 40 years before the last gas/diesel cars/trucks end their service lives.<br><br>The only reason why ev sales are so "Strong" is because of all the undeserved subsidies ev owners get, if the government did the right thing and ended all of the tax breaks/powerbill subsidies ev owners get you'd see thousands of tesla's being scrapped because the owners can't afford to run them and their resale value would crater even worse than it already has.,(reply>), @Yetoo Thanks, stupid mistake on my part. I corrected it.,(reply>), @Vincent Karaboulad Can you point out where in that chart or the report there is a decrease in efficiency? Because as far as the chart all I see is that miles per gallon is increasing.,(reply>), @Hammerhead547 This study from 2012 shows an increase in efficiency of 33% from 1949 to 2010," nowhere near a « 1000x » : <a href=""https://www.eia.gov/totalenergy/data/annual/showtext.php?t=pTB0208"">https://www.eia.gov/totalenergy/data/annual/showtext.php?t=pTB0208</a><br><br>Also", what are those « clean burning synthetic fuel being ready by 2025 » in large enough quantities ? For reference, the share of BEVs in the new vehicle sales worldwide is doubling each year and should pass 10% in 2022, that’s a large majority by 2026 at the current rate of growth.