That is true.

But when the point is reached where a couple hundred billion is poured in, it kind of makes it difficult to reverse the trend.

GM alone, by their own numbers, is going to invest $35 billion over the next 5 years. Ford another $20 billion. Toyota and Honda? Who knows how much. Then we add in all the development that Tesla, VW, and the battery manufacturers are doing, and I think it safe to say, this is the direction they chose and automobile trends do not change quickly.

Posted Using LeoFinance ^Beta