Speaking of Tesla
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I had mentioned in previous posts I had doubts about their growth due to the competition catching up to them. Plus, their market share will decrease and put more pricing pressure on their vehicles. Maybe this is the time to short Tesla.
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@krustywantout One thing that the article itself points out is the lumpy nature of deliveries in Europe due to the "wave".
Additionally, there's a whole "new shiny" factor whenever a new non-Tesla EV comes out, and then everyone who wanted one already has one and sales crater. That isn't happening for Teslas, really. (Well, as I understand Model S/X sales actually have fallen off in Europe, but that's partially because of it not actually being well-suited to European roads.)
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@krustywantout tesla is super overvalued based purely on riding a wave of casual/first time investors
It will crash eventually, but as to when? Not something I'm well suited to guess. -
jminer
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jminer
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CarsOfFortLangley
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jminer