Tesla, EV industry ...
 
Share:
Notifications
Clear all

Tesla, EV industry get first recession stress test

2 Posts
2 Users
1 Likes
161 Views
(@progressnc)
Member
Joined: 7 months ago
Posts: 109
Topic starter  

Saw an informative article on CNBC - https://www.cnbc.com/2023/01/14/the-ev-industrys-first-recession-stress-test-will-it-be-a-bust.html


   
ReplyQuote
Sean Callahan
(@seancallahan)
Super Moderator Club Member
Joined: 8 months ago
Posts: 1267
 

@progressnc Thanks for sharing!!! Looks like Fiskerati is linked in the article. Whoop whoop!! 😎 

Cash burn and the rest of the EV market

In the middle, Lucid, Rivian and Fisker make up a range of higher-risk possibilities that may well turn out fine in the end. But Tesla’s price cutting may cause them problems: Fisker’s stock dropped almost 10% on its rival’s announcement, since Tesla’s move puts the Model Y’s price closer to that of the Fisker Ocean, whose middle tier is around $50,000.

Fiskerati is my passion project -- follow along across the web for the latest updates.

🌊 Ocean One #0469 | Night Drive | Black Abyss Plus | 22” F3b SlipStreams


   
ReplyQuote
Share: