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I think the other thing is in the US he now has some competition and they may just overtake the % of EV’s sold in a few years. People will have choices for EV i
by mattbrewsbytes 4y ago
I think the other thing is in the US he now has some competition and they may just overtake the % of EV’s sold in a few years. People will have choices for EV instead of pick Tesla so he potentially used this buying twitter to sell off a bunch of stock. I wouldn’t be surprised if he finds other reasons to sell off massive amounts of stock in the next 2 years.
My guess is cybertruck will be DOA. Anyone who wants an EV Truck is likely going to order an F-150 Lightning - looks like every other F-150, F-150 is the best selling automobile in the US.
Once other auto makers ramp up production, Tesla cars will continue to be a niche luxury product with some gimmicky features.