Part 9/10:

Despite the challenging forecasts for ICE models, many investors remain hopeful, often ignoring market signals and trends to focus on short-term gains rather than long-term viability. The continuous denial by companies, often manifesting through promises of future profits or technological breakthroughs, can unspool confidence, making investors vulnerable to substantial losses.

Conclusion: A Call for Caution

In summation, the EV revolution is far more than a trend; it represents a fundamental transformation reshaping the automotive industry as we know it. The imminent challenges faced by legacy car manufacturers seem insurmountable, driven by both market forces and consumer sentiment.