On: Grand jury indicts Trevor Milton, Nikola founder, ...

[nickik]

The problem is that the infrastructure of ICE and oil massively profits from scale, as this drops many of these assets will turn negative.

Even if per mile the car would be competitive, the lost of value of the car itself would be incredibly.

Who will still buy an ICE car in 2030.

And that is before the new regulation that potentially makes these cars even less wanted.

[bagels → nickik]

This was my point. Gasoline will be banned for new cars at some point.

[lotsofpulp → bagels]

I would bet everything I own that gasoline for consumers cars (especially the pickup trucks so many love) is not going anywhere in the US by 2030. 2040 maybe, 2050 likelier.