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Right so they were backed into a corner by everyone else starting to build out infrastructure and they had to cede access to their previously privileged network
by ethanbond 3y ago
Right so they were backed into a corner by everyone else starting to build out infrastructure and they had to cede access to their previously privileged network to pull it off.
I agree, I have no sympathy for CCS1 investments etc, NACS seems superior and it looks like consumers writ large will win etc etc., I'm just wondering how any of this adds up to a bullish case for Tesla and I'm afraid your comment doesn't clarify that. It just illustrates that the alternative would've been more bearish than this one (which I agree).
- simondotau 3y agoIt’s bullish for Tesla that their extremely costly NACS investments will be proved correct, they now have increased economic value, and a future risk is eliminated. Having long calls proven right is bullish. This level of influence over the North American automotive sector is bullish. It also plays into the perception that Tesla are technology leaders the EV sector. Which is a big deal if EV technology is the future of the the automotive sector.