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<p>[QUOTE=&quot;Speedbump, post: 2780144, member: 75637&quot;]The average sale price for a car in the US is in the mid $30k&#039;s. The Tesla Model 3 will be an average priced car with average level features. Midsize German luxury cars (which Teslas are compared to) start in the low to mid $30k&#039;s and most people would not consider them bare bones. Some state offer tax incentives which bring down the cost more. Ownership cost are also projected to be lower. Most all utilities offer special rates on charging cars if you agree to do it at night, making a full charge only a few $&#039;s compared to filling a tank of gasoline. Tesla offers 400wkh/year (~1,000 miles) of free highway charging to all new customers. An EV is a much more simple machine compared to a gasoline or diesel vehicle. Cost of maintenance over the life of the car will be less. The motor is one moving part, there is no oil to change, etc... Battery technology has improved to offer battery life expectancy approaching 200,000 miles. Blah, Blah, Blah...</p><p><br /></p><p>Research Tesla&#039;s efforts from their retooling of a Toyota/GM assembly plant, to their 5,000,000 square foot battery factory, to their growing global charging network. Then look at what other auto makers are doing. Many didn&#039;t care about EV&#039;s as actual profitable products just 2 years ago. Then look at what they did once it became clear that Tesla was a serious market competitor with ever growing sales, massive investments in research and development, and 400,000 people willing to part with $1,000 for a car they couldn&#039;t actual buy for another year. Their push is unprecedented in the auto industry. The mass market Tesla wont be on sale for a couple months still, but they have already jump-started massive investments in EV technology around the world. </p><p><br /></p><p>You seem very committed to PGMs which is fine if that&#039;s what you like. My only recommendation is, research long term outlooks on the stuff. What is it used for and where are those markets going. You will need to become a speculator. To me, I see auto makers scrambling to jump into the [profitable] mass market EV game, with many planning on bringing cars to market by the end of this decade, which is not that far away. I see an ever growing demand from consumers for EVs around the world. I see counties setting timelines for minimum EV market share. With PGMs, the risk is EV&#039;s becoming successful products globally and auto catalysts demand dropping as a result. Look at the market trends in China, their investments in EVs, and the projection on auto sales there. If anyone can make a cheap EV, its going to be China. And if anyone could use less smog, its China. </p><p><br /></p><p>Buying physical is meant to be a long term store of value. I don&#039;t see a long term positive outlook for PGMs without something else to soak up the likely drop from auto catalysts.[/QUOTE]</p><p><br /></p>

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