- July 19, 2020
- Tesla is "headed for the graveyard" - Bob Lutz
Many many EVs coming to market the next 6-18 months. This could damped tesla sales .owing forward...Any missed quarterly sales number in tesla sales figures and down it goes. The big boost came when they announced higher sales and the chance they may be added to the s and p, but with a stock price as high as it is they have to perform exquisitely in every single earnings and sales announcement from here on in.
Many many EVs coming to market the next 6-18 months. This could damped tesla sales .owing forward...Any missed quarterly sales number in tesla sales figures and down it goes. The big boost came when they announced higher sales and the chance they may be added to the s and p, but with a stock price as high as it is they have to perform exquisitely in every single earnings and sales announcement from here on in.
Jaguar ipace, audi Etron, Mercedes eqs all failed. Www.ark-invest.com upgraded their estimate of future Tesla market share after the oem failure.
People have been saying that for 10 years and I have to admit I was one of the non believers until I started driving one... no way I'll ever go back.All.it takes is a few hot selling EVs from 2 or 3 different manufacturer to start taking away market share from tesla.
Tesla is at least 5 years ahead of any competition (if there's any besides lame vaporware).
TSLA is the most valueable car company at this point and will eat up 80 of the space similar to apple, android for phones.