Quote:
Originally Posted by JMintzer
Please explain why auto makers are now complaining than no one is buying their EVs and that the stock on hand is languishing?
Could it be due to "market pressure"?
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No, the EV market is in its infancy. You would have to be blind not to see the issues, but there is lots of money being invested to fix those kinks. This is not a mountain it is a minor hump, and the investments will bring EVs to its maturity. Tesla stock is not languishing and as the problems are confronted all EV stock will rise. The only question is how long it will take. If you're a day trader you might take a bath, but I believe if you're in for the long haul you will do well. Who in their right mind would have stock it out with Amazon. I would have dumped it in the beginning.