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RE: Let's look at $TSLA again...

in #leofinance6 months ago

Thank you!

I legitimately think there is some fraud going on to keep the $TSLA price as high as it is and I just don't think they can keep that up forever.

The thing with cars is that they're usually a 5-15 year investment for people, and at some point people are going to be too scared to buy ICE vehicles because they worry they won't be able to resell them... similar to manual/stick-shift cars becoming pretty rare now... so I'm personally hoping that all auto-manufacturers end up with a full line of EVs and people are able to stick with the brands they love and trust.

As a proper answer to your question, I do wonder if BMW might be the dark horse to increase their luxury EV market share while BYD takes the rest of the market. China does have something like 100+ EV manufacturers, with the different regional governments subsidizing them, but I would guess that BYD will eventually take most of them out given the support they've gotten from the CCP. If that support continues I think BYD would be the least risky pick in the world...

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Thank you for your observations and the post! Sent you a small tip, as I couldn't vote :-D

Wow! Thank you!!

It's not spectacular, just a gesture... 😅