4 ms·
The valuation makes sense. In the coming years the auto market is going to be moving rapidly to ev's and away from ice's. Demand for ev's is going to outrun sup
by woodandsteel 6y ago
The valuation makes sense. In the coming years the auto market is going to be moving rapidly to ev's and away from ice's. Demand for ev's is going to outrun supply, in part due to battery shortages.
Tesla is expanding rapidly and is going to be in a better position than any other car maker to take advantage of the situation, though lately VW has also getting very serious about ev's.