They will need to compete better and finally lower their prices to cause more people to buy the cars that use their products! Competition is good and we see over the years what has happened when the oil companies have had almost none...big big price gouging periods..because they can.
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Agree. Tesla is talking about bringing out a 30 k electric car in 2016. Great if they can do that as that would be world beater. but batteries will have to come down in price a lot while maintaining performance. so this is not a sure thing. (that said battery prices have been falling steadily as battery production volumes have increased—which you would expect.)but it is definitely doable.
I will be a buyer for sure! Far better technology and much lower maintenance costs. After all, no oil, spark plugs and the extreme heat generated in the ICE.