JPMorgan was predicting a 48% price drop at the start of Oct 2024 when it was still only $150. IMHO it turns out Tesla isn't the NVidia of EV.. NVidia is. NVi

JPMorgan was predicting a 48% price drop at the start of Oct 2024 when it was still only $150. IMHO it turns out Tesla isn't the NVidia of EV.. NVidia is. NVidia is developing and selling an entire autonomous car hardware and software training stack. They will sell this to all the existing automakers, who make better and cheaper vehicles, to develop their own complete solutions. I expect Tesla stock to go near or under $20 eventually.