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evcentral.com.au

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Polestar (PSNY) stock faces potential Nasdaq de-listing after failing to file its annual report
Another EV stock may be removed from the Nasdaq exchange. After failing to file its annual report, Polestar (PSNY) received...electrek.co
People don't buy Tesla because it is an EV.
But people buy Tesla because of smart features and it turns out to be EV too.
Polestar made a big mistake here, by focusing on EV and forgetting about smart features.
I think the top reasons people buy EVs (at least for me)
1) They are sick and tired of oil and all its stupid shenanigans (gasoline prices/wars/whining/powerplays etc) and they will pay a lot extra just to not be part of its #$%@ anymore. "Oh oil prices now $80/barrel...and gas close to $4....fine...whatever...plugs-in car at home". "F" all the oil companies...drop dead please...thank you.
2) They are sick and tired of hearing some mechanic rattle off an endless list of things that need to be fixed to get your car running again. "Well your oxygen sensor has failed, your head gasket is leaking oil, your timing belt is worn, your cooling hoses are cracking, your transmission fluid has metal shavings, and your ignition system is worn out...that'll be $5000. "F" that stuff. Go sucker somebody else. Cars should be built like an iPhone. You buy it and that's it.
...and EV regen braking means one pedal driving..so no disc brake replacements should be needed. A huge maintenance bonus!
3) Traditional car makers/mass media didn't take EVs seriously and said it would flop and people should stick with their proven gasoline engines like good little sheep. Many people now have little sympathy for those car makers who for the decades put them through points #1 and #2...many think needlessly and sinisterly.
So why are people buying Tesla EVs specifically..
1) They feel Tesla is the sole company that pointed out the issues in points #1, #2, and #3 and were willing to take any risks/costs to surmount it. So buying an EV from them is considered a deserved payback.
2) Their cars have great reliability ratings
3) Their cars have great safety ratings
4) Their cars are extremely fast..even their lowest-end models have over 300hp and crazily rocket off the line...to a point where they have actually supplied a low acceleration button ("Chill mode") to save on excessive wear on your tires.
As for "saving the planet" I'm sure some are doing it for that...but I don't think most buyers care.
She said if she knew that EV is this good and convenient, she would buy it since a long time ago.
The thing is people are wondering why this didn't happen DECADES ago.
Many feel companies were intentionally dragging their feet on this.
I agree.
I read an article a couple of months ago.
Many big car companies unwillingly make EV cars and see the EV market growing.
It's because they don't hold the patent and can't make a lot of money from it.
The problem with EV, most of the patents are being held by Tesla and other companies.
By accepting EV, it also means throwing away all their old patents on ICE.
The tone and attitude will be different if it's them who hold all the EV patents.
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