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Only 5% of next car purchasers expect to buy all electric cars-Road and Track.
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<blockquote data-quote="vantexan" data-source="post: 5251331" data-attributes="member: 24302"><p>Except it doesn't work that way. Producers and end users buy and sell futures contracts. Acme Inc can lock in X amount of a given commodity at a given price. Tesla won't be able to hog the market but the increased demand for that commodity brought on by Tesla and other EV producers as well as all the traditional users will surely increase prices that will cut into Tesla's profit margin. And if there's simply not enough of a given needed commodity then Tesla will have to settle for producing fewer cars. Between less available cars and lower profit margins they'll have to keep their prices high. No cheap EV's for most Americans who can't afford them anyways according to you.</p></blockquote><p></p>
[QUOTE="vantexan, post: 5251331, member: 24302"] Except it doesn't work that way. Producers and end users buy and sell futures contracts. Acme Inc can lock in X amount of a given commodity at a given price. Tesla won't be able to hog the market but the increased demand for that commodity brought on by Tesla and other EV producers as well as all the traditional users will surely increase prices that will cut into Tesla's profit margin. And if there's simply not enough of a given needed commodity then Tesla will have to settle for producing fewer cars. Between less available cars and lower profit margins they'll have to keep their prices high. No cheap EV's for most Americans who can't afford them anyways according to you. [/QUOTE]
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Only 5% of next car purchasers expect to buy all electric cars-Road and Track.
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