20-04-2023, 08:44 PM
Frankly speak the whole sector is becoming commoditised with inevitable price war.
If i own Tesla stock I will dump.
If I own byd j will also dump.
If I own Xpeng, NIO I will dump even faster.
The reason is traditional car companies are entering the fray and they are very experienced manufacturers ....and also have branding power.
They only stayed out because the EV market was too small...not it reached critical mass they will come in and compete.
The margins for EV will keep plummeting.
If i own Tesla stock I will dump.
If I own byd j will also dump.
If I own Xpeng, NIO I will dump even faster.
The reason is traditional car companies are entering the fray and they are very experienced manufacturers ....and also have branding power.
They only stayed out because the EV market was too small...not it reached critical mass they will come in and compete.
The margins for EV will keep plummeting.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.