But hybrid electric cars won’t succeed, he said in an interview. You have to pay $5,000 more on a Prius in order to save half a ton of carbon a year, which is more than most consumers will go for, he explained. Buying hybrids “is mostly about personal guilt trips.” It’s like wealthy investors giving money to “art museums instead of to starving people” in Africa, he said.He forgets a couple of things. For many, buying a hybrid wasn't about making them feel less guilty, it was about saving them time and money:
- Time: at the pump (less trips to the gas station) & in the HOV lane if you were fortunate to get the HOV stickers.
- Money: at the pump (get much more miles for your dollar) & with those HOV stickers, you get to sail right on through the carpool lane on the bridges, saving you $4 each day. Add the gas savings and the toll savings and you have at least $1500/year for a bridge commuter.
Methinks Mr. Khosla is just trying to drum up interest in the areas that he invests.