Quote:
Originally Posted by McLovin
Don’t forget that Tesla currently enjoys essentially a monopoly while the big boys are ramping up.
But starting next year they (VW, BMW, Mercedes and every major manufacturer) are going to start launching their full electrics. The numbers will be in the hundreds of thousands very quickly.
The market is going to be absolutely flooded with electric cars. Tesla’s sales are going to take a huge hit, and their margins on the cars they do sell will take a likewise hit.
With short selling, though, it’s all about the timing.
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Yup, been saying this for a while now, but the Tesla Boys keep telling me that Tesla has years of experience, better charging network, whatever. I think Tesla is in for some bad days ahead.