Koenigsegg is giving us a glimpse of the future. It contains the features of the cars that most of us will be driving 10 or 15 years from now. There will be a time in the near future when the transmission will go the way of the carburetor.
Audi’s move is a sure sign that the auto industry thinks Tesla is a serious threat to established luxury carmakers. It looks as if Audi is positioning itself to be the go-to company for hybrids and zero emission vehicles. This definitely put pressure on Mercedes to ramp up production of its fuel-cell powered vehicles and Toyota to start building a fuel-cell powered Lexus.
One has to wonder how low oil prices and gasoline prices can go. What will happen if gasoline falls to $1.50 a gallon or lower? That could boost the economy, but it will also hurt a lot of people, including those with oil company stock, oil industry workers, and Tesla stock holders. Expect to see a lot of economic chaos because of cheap gas.