Most Electrical motors and equipment is made with copper...
A little bit with silver and gold...a lot is made with aluminum but it can't be used in space restricted areas...it's going to take up a lot more space than copper but not have all the weight. But when it comes time for EV...they have to use copper for the heat fluctuations. Because aluminum can't take it nor can the enamel on the windings wire take that kind of movement.
And 3 HP motors aren't exactly cheap... especially the kind going into these cars.
Now looking at two companies....
Fastly vx Cloudfare.
Fastly is more of a "promoted" stock. It certainly is a darling of wall street.
But when looking at how they progressed with their earnings and balance sheets...
Fastly grew more revenue by "add ons" to existing customers and only added 11 more customers. Cloudfare grew earnings by adding a whole bunch of new customers and increasing revenue from existing customers. (It's also a much larger firm)
As the battles for cloud based computing continues...my first question is always. "Does this stuff really work?"
"Are these technologies really "traps" that you can't get out of?"
Vanderbilt University is looking at these things as well. Testing several various cloud based companies. My wife is involved as she by luck has been involved with integrations for three enterprise software systems. Once you go in... you aren't coming out. Not easily. Going in and going out are both very very expensive. Going out of one into another is even more so.
And why are we still looking so hard at renewable energy resources when Texas shows us that plugging in a car is going to be impossible when it snows. A 4x4 EV? I don't think that this is going to work out.
Somebody needs to think this stuff through just a bit more.
Apparently I heard the problem with Texas, is they are aren't built to stand strong winter storms, they are built to stand hot weather, so their wind turbines freeze and their water pipes burst. But I heard in Alaska, the wind turbines keep spinning in the extreme cold temperatures there.