Re:The $18B Electric-Car Bubble at Risk of Bursting in China
by notaki on Saturday August 24, 2019 @01:57PM
(#20788602)
I've heard of market saturation, but market share bubble?
Bloomberg is not making a simple point. The article is titled as if there is, without a doubt, a bubble. When a bubble pops, everyone loses money and only the strongest companies survive. Many new entrants into a rapidly growing market, some of which get shaken out or acquired as the market grows and consolidates, does not constitute a bubble.
Your second paragraph is an argument against this being "an investment bubble".
Bloomberg is not making a simple point. The article is titled as if there is, without a doubt, a bubble. When a bubble pops, everyone loses money and only the strongest companies survive. Many new entrants into a rapidly growing market, some of which get shaken out or acquired as the market grows and consolidates, does not constitute a bubble.
Your second paragraph is an argument against this being "an investment bubble".
I agree 100% with the last paragraph.