Even if the future is eventually electric, which I think it is - just when is the question. Who is going to win? The guy selling pricey luxury cars or Toyota, Chevy, and others who are already beating him on price today, let along 5-10 years from now.
Please don't get any ideas that this is the case. Most of OPEC requires $100/barrel or more to balance their budgets. The only reason we're seeing oil prices plummet is because OPEN is attempting to play chicken with US tight oil ("fracking") plays. Fracking in the US, in some cases, is profitable all the way down to $42/barrel.
Several tight oil companies have already cancelled their dividends, and there are concerns they won't be able to obtain financing to continue operations (depending on the company).
This ignores the elephant in the room that is China, that is ramping up filling their strategic oil reserves at these low prices.
Sidenote: Tesla adds 1-3 Superchargers to their network per day.
Last time I checked, California electric companies were concerned that a neighborhood that got more than 1 electric car needed a new transformer, since they're sized to cool down during the night when they're normally under a minuscule load.
this is more than an issue of financial costs it is also a quality of human life cost
do you live in a city? i live in downtown sf and if i leave the windows of my apartment open for an hour the sill and any items inside will begin to have a coated layer of what i assume is a combination of exhaust particulate and dirt kicked up from tires
if you live in a city then the next time you are walking down the street rub you fingers on a leaf of a sidewalk tree and you will see what i am talking about
zero or positive emissions need to be here now
i am waiting with bated breath