Home News Cheap gas and weaker US rules for fuel economy aren’t going to...

Cheap gas and weaker US rules for fuel economy aren’t going to help Tesla sell more electric cars (TSLA)

20
0

Tesla Model 3Hollis Johnson/Business Insider

Tesla have to face a world where gas prices are falling amid the COVID-19 pandemic along with the US government just weakened fuel-economy criteria that was demonstrated under the Obama administration.
The company could manage one of those improvements, but needing two happen at the same time may be hard.
Luckily, the electric-vehicle market has expanded considerably since the 2009 financial catastrophe, and Tesla has begun to dominate it, so it needs to be able to manage its own difficulties.
Visit Business Insider’s homepage for more tales .

The electric car has just one enemy that may defy all of the invention in the entire world petrol prices.

It’s truly noteworthy that EVs have attained any market share in the previous 10 years, given that the US federal gas tax hasn’t been raised as the 1990s. Consumers budgets may do the math and discover that purchasing an electric vehicle for a sticker price than the usual vehicle will not pay off for several many years.  See the rest of the story at Business Insider

NOW WATCH: How Tesla’s Model 3 contrasts to Volkswagen’s new EV

See Also:

Trump rolled back fuel-economy criteria in the US this week to make vehicles’substantially safer,’ but his claims about auto security do not mesh with realityPhotos show the emergency makeshift boundaries European countries have erected in an attempt to stop the spread of COVID-19Delta CEO: We’re dropping $60 million per day since the coronavirus pandemic rages on

FOLLOW US: On Facebook for longer automobile and transport content!


Article Source and Credit feedproxy.google.com http://feedproxy.google.com/~r/businessinsider/~3/rhG1pyJoP6g/cheap-gas-weaker-rules-fuel-economy-will-not-help-tesla-2020-4 Buy Tickets for every event – Sports, Concerts, Festivals and more buytickets.com