And where does the money of the seller go? Back into other stock or (less likely) consumption. Eventually it goes towards newly issues stock or gets invested in early stage companies that put all of it towards direct investments into people or productivity assets.
BTC market cap is $1.2T. S&P 500 market cap is about $66T.
Why would we not want for money to flow into real estate? It's an area with massive demand and money flowing in to create supply is exactly what we need and is productive. What is not productive is the NIMBY scum that's preventing supply from being met.
What do you think happens with the money that goes into stock? It doesn't simply vanish. It ultimately gets invested in salaries, construction of data centers and factories.
Most EVs are owned by people who also have an ICE car. Especially for this vehicle I would expect this to be the case even more so. That makes me wonder if a lower price with an even lower range would actually have been a reasonable tradeoff. That said, range anxiety seems to be a huge thing.
US numbers in the popular twitter stat are officially recoded heat deaths whereas EU numbers are all excess deaths. Supposedly if you look at excess deaths the numbers for both places look the same.
IMO even that's not a proper comparison though because you cannot compare Alaska to Texas, or Rome to Helsinki and thus throwing all of these in together for discussing heat deaths us just pure nonsense and rage bait.
I thought the Europe number was even just excess deaths and not recorded hear deaths at all whereas the US number was only officially recorded heat deaths.
Living in the US I honestly miss the German windows that swing open. You can open the entire window whereas sliding windows can only ever open halfway.
I also sometimes miss being able to stick my head out the window but that's a tradeoff about screens and in the end of the day I prefer not to have to worry about bugs.
Double glazing safes heating and cooling cost though.
A large part of the cultural difference and willingness to spend on AC comes from the fact that central Europe only in recent decades got so hot.
Of course thinking a cold is caused by being cold doesn't help either...
And yet, even here in Oregon many of my coworkers only got window AC units during a heat wave a few years ago. But let's not break the narrative of all US vs all of Europe.
I was under the same impression about window units till recently as well. However, I learned that there are units with hoses and foam seals that just require to put the window on tilt and then the hose goes out at the top and the surrounding area is sealed with the foam. Not as good as a minisplit but it works and is DIY.
Is this actually illegal in many places? I proposed this to my parents in Germany and they seemed to be under the impression that they could install one but their village is getting a village-wide heat pump system this fall that can also cool in summer, so they are just sitting this summer out as is.