A lot of people are getting too bullish on an all-electric-car future (TSLA)

Electric cars are cool and captivating, but at the moment, they're a terrible business: they make up roughly only 1% of global auto sales. But that hasn't stopped investorsfrom being wildly enthusiastic about their role in the future of mobility.This is from a Bloomberg report on the lithium market and how car makers such as Tesla will affect thedynamics of that essential commodity, the key component of the batteries that power electric cars: Eventually, we will all be driving electric cars, saidJeremy Wrathall, head of global natural resources in London atInvestec. We are definitely seeing a sea change.The key word here is "eventually." Two new electric vehiclesare slated to hit the market soonthe Tesla Model 3 and the Chevy Bolt, both selling for about $35,000but neither vehicle is a proper SUV, and that's the segment that's driving sales at the moment. Otherwise, the EVs now selling are actually selling quite badly, due to low gas prices and their inability to deliver range to match conventional cars.SEE ALSO:Ford just committed to its GT supercar for 2 more yearsJoin the conversation about this storyNOW WATCH: We went inside Elon Musk's futuristic Tesla factory filled with over 150 robots
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