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Tesla shares negative results
Tesla just shared very negative results for the last quarter with a decline of 37%, https://ftalphaville.ft.com/2019/04/25/1556187888000/Three-questions-about-Tesla-s-first-quarter-results/
Furthermore electric semi truck production is delayed to next year.
Is this a negative trends for electric automotive in general? Any thought?
61 months ago
2 answers
No, just Tesla. Smoke and mirrors has to turn into a tangible business. Cars need to be flooding out of the production unit and onto the roads.
Remember the 'dot com' bubble? Tesla will be the same. If you want an electric vehicle just wait a year and you will see the established car makers launching many new models. Who would bet against someone like Volvo to come out with a market-beating EV?
61 months ago
Tesla had been hyped the last years. so slowly they get "back to earth". Tesla results and numbers get analyzed in relation to other companies. Tesla faces normal challenges, like other new companies. Tesla, still has a good strategy, so no reason for panic.
61 months ago
