I do not really understand the people who say a car manufacturer like even ford are going to get ahead suddenly in EVs. Tesla is about to be larger than BMW within a year and have possibly the top selling vehicle in the world. They have stated they have no plans to stop expanding to keep margins up and can cut prices to gain overall market share. The evidence so far is that they are right.
We have seen other technology transitions where new competition like amazon absolutely bullies their competition into bankruptcy because they are unwilling to stop expanding to take market share or have old dead weight and can not adapt fast enough. Everyone hates the dealer system that literally takes profits out of the system for virtually no added benefit.
If you are an investor and a company can spend the money to build a factory to make a product and still make that product for cheaper than competitors in addition to cutting out their required middle men, why are you investing in a competitor at all? Would you want to be investing in a company that might also be poised to take market share still without dead weight. In phones or TVs this would have been some of the Chinese companies that took over the market.
[link] [comments] https://www.reddit.com/r/stocks/comments/13e9ktf/explain_to_me_your_ev_investing_strategy/
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