We've plenty of cheap oil for years to come, why bother about electric cars?
And no, the cheaper Tesla model will not save it.
We've a huge glut of cars in GM's warehouse as a result of . Overleveraged, overbuild without consumption increasing. It is way more than 2009 right now.
Tesla business isn't sustainable too, solely relying on government subsidy and with a weakening China.
The bubble will deflate once the hype disappears.