Electric Vehicles Gaining Fast
While electric vehicles have not yet made much of a dent in the overall automobile market, they are starting to move much faster than anyone would have dreamed. Tesla has now passed General Motors to become the most valuable automaker in the United States. Electric vehicles are rapidly closing in on conventional automobiles in price and driving range. They are far cheaper to operate (a fraction of the cost of gasoline), and have far fewer parts to ever wear out. Elon Musk’s entrepreneurial genius and Tesla Motors have led the way. Congratulations, Tesla!