Re:Tesla Surges Above $500, Leaving Analyst Targets in the Dust
by remmargorp64 on Monday January 13, 2020 @03:59PM
(#22038513)
Have all the other auto makers dumped massive amounts of investment into sourcing batteries? Do they have their own GigaFactories? How about contracts with lithium mines?
Sure, the other auto makers have the existing infrastructure to assemble cars, but if they don't have a way to get batteries cost effectively, they are way behind the curve compared to Tesla.
Sure, the other auto makers have the existing infrastructure to assemble cars, but if they don't have a way to get batteries cost effectively, they are way behind the curve compared to Tesla.