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Message
re: Are Electric Vehicles This Year’s Pot Stocks?
Posted on 7/30/20 at 12:37 pm to threeputtforbogie
Posted on 7/30/20 at 12:37 pm to threeputtforbogie
quote:
Once the big companies get their EVs going, these smaller companies outside of Tesla will be in trouble
That's what has been said for years now and they have done nothing. They can't produce a solid EV because as soon as they do their ice cars will be obsolete.
They are also in a tough spot with dealerships, who make most of their money through service and maintenance. EV require next to no maintenance. There have been several secret shopper studies where dealerships lie and do all the can to persuade people from buying EVs. I don't know if the big companies will be willing to go to a direct to customer sales model
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