My 2 cents. They are making hay while the sun shines and that's fine. Over the next couple of years we are going to see a wide range of new EV models coming on stream from Audi, Mercedes-Benz and BMW among many others and people will have the opportunity to buy EV's with high quality German assembly standards.
I don't know about others but I'd rather own an EV from a well recognised European manufacturer with first class assembly and fit out standards. When customers have far more choice with their EV purchase it will be interesting to see how Tesla sales holds up. From an investment case perspective the shares are priced like they're going to be the dominant EV manufacturer and I don't think that's going to be the case in the future, but like all things about the future, time will tell.
Reply With Quote
Bookmarks