I wouldn't underestimate the brand power of the likes of BMW, Mercedes Benz and the VW group who are bringing a lot of EV's to the market in the near future. These are aspirational brands that are extremely well known. Very few people keep their cars longer than 15 years so in my view very few care if the battery lasts 1,000,000 miles or 300,000 miles. The Germans are offering 8 year EV battery warranties just like Tesla.
Lots of experts on CNBC this morning saying take some money off the table and sell the bounce. Okay to gamble and speculate as long as your doing it with the House's money, (i.e. sell enough stock to get your original investment back). Makes profound common sense to "free ride" something like this assuming staying in at this level is a good idea at all.
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