There is a market for ICE makers---
marketing tagline:
"Come back to the good-life - Costs more than an EV, but t's ohhh so worth it"
This is I think a reasonable depiction of genuine culture shock.
Most of the most ardent Big Oil and ICE stock investors are about this age and older IMO. These are people have never experienced anything this different their whole lives, and the reaction I suspect will be identical. Naturally there are a lot of very smart and agile-minded 70 and 80+ year olds but "OMG I can't do it". "Hit the brakes" I suspect is going to be more typical than not. Actual real elderly members of my own family in their late 80s and 90s when I was growing up, now deceased, on occasion literally expressed a philosophical preference for death over being part of a technology shift that their upbringing never prepared them for - as though their world in which they belonged and everything in it was passing away and that they ought just go with it rather than attempt to adapt. Sure the video is a bit funny but I think this is just as significant as noting that most 18-24 year olds dream of owning Teslas and not Ferraris that this lady's generation craved - and the difference is that the 18-24 year olds are dreaming of something they can actually buy on a normal salary - and whether they realize it or not yet, all of them will be able to ride in at the touch of a button.
What I see in this lady is mostly excitement. She will adapt - and looking at her I think Autopilot will more than likely save her life at some point if not repeatedly. Also very importantly, when she can no longer drive a car herself at all, Full Autonomy will extend her personal mobility for years and years beyond the time when she would otherwise have been fully dependent for mobility and at very high risk of social exclusion. This can add 20 years to her life and probably lifespan of visiting and making new friends and visiting family when she wants to and not when someone has the time and sympathy to sit with her or drive out to fetch her. This is actually huge.
Welcome the era of 105 year olds hanging on your doorbell. LOL. And a cure for loneliness in old age. Big market and a social good that was unimaginable in the oil and ICE era.
Exciting change in the value of XOM stock is not so easy to adapt to if it comes as a complete shock.
Do you know that Exxon invented and patented away the Lithium Titanium Disulfide battery in the 1970s just to lock down lithium battery technology for 30 years? It wasn't just Chevron buying and mothballing away the Ovshinsky NiMH battery that powered the EV1.
These outrageous EVIL BAST*RDS - 30 unnecessary extra years of human suffering impactiung most especially those that trusted them the most - and still do with their pensions! They can flipping have what's coming to them.
FYI if this is you - for heaven's sake check your pension for ICE and Oil stock exposure. Divestment is no longer philosophical for tree-huggers only. It is a genuine personal financial security necessity. There will be nobody to backstop a collapse in oil, it will take stocks like XOM and the banks that are over-exposed also, and the government bonds backing the banks. What you may think is a Blue Chip is in fact a financial death trap - well within ten years from now. You can ignore me and that is your right and priveledge but on my conscience I cannot stay silent about this. I thought this was just about young and vulnerable vs the old and cynical but I just realized that it isn't. It's about the old and vulnerable too.
