Re:Tesla jumps 14% on S&P 500 inclusion speculation Now the ...
by fomine3 on Wednesday July 15, 2020 @01:51AM
(#23841800)
Tesla need to sell EV but others not. Selling ICE/HV/PHEV cars is more profitable for now.
Re:Tesla jumps 14% on S&P 500 inclusion speculation Now the ...
by nickik on Wednesday July 15, 2020 @11:41AM
(#23846819)
Stocks are forward looking into the future. Making big profits now was not moving the stocks up, and now companies like Ford are not even making much profit anymore.
All that ICE infrastructure is massive bound up capital, that gone be a negative in a couple of years.
This myth simply does not hold up once you consider how pretty much all manufactures have run into massive problems with EV production and struggle to achieve margin.
If it was so easy as claimed, Tesla would not multiple of the highest selling EV all over the world.