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One factor to consider is that BMW is heavily invested in current fossil-fuel powered vehicles. If there is a big shift overall to electric then the capital ex
by ansible 10y ago
One factor to consider is that BMW is heavily invested in current fossil-fuel powered vehicles.
If there is a big shift overall to electric then the capital expenditures that BMW has already made aren't so valuable.
Yes, they (BMW) are indeed making money now. But have they invested in the right direction? I don't know. Allegedly the market does (as reflected in the relative stock prices)... but the market is often stupid. It is often smart too, but it can sometimes be hard to tell.
- princeb 10y ago> BMW is heavily invested in current fossil-fuel powered vehicles isn't BMW behind the proposed european standard for electric vehicle charging?
- ansible 10y agoThe point I was trying to make though is that most of their infrastructure is currently dedicated to gasoline powered vehicles. That may, or may not turn out to have a good return on investment, and may be factored into their share price.