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Technology Stocks : Tesla EVs - TSLA -- Ignore unavailable to you. Want to Upgrade?


To: Eric who wrote (12372)11/11/2019 11:21:26 AM
From: kidl  Read Replies (1) | Respond to of 15567
 
Most of the legacy vehicle manufacturers will go bankrupt.

No, they won't. Governments will have no choice but to support them IF and when it gets dicey for the financially already challenged. The currently healthy big boys will not only survive the EV wave, they will come out on top.

As I have said many times ... This isn't a 100m dash. It's a marathon.

PS: Don't misunderstand this comment. I am no friend of government subsidies / bailouts of any kind.



To: Eric who wrote (12372)11/12/2019 7:21:38 AM
From: nigel bates  Read Replies (1) | Respond to of 15567
 
More likely they'll be swallowed in large scale mergers, and production will then be shuttered.

It's already started:
uk.reuters.com

The likes of Toyota are still throwing off more than enough cash to buy their way into the new manufacturing, irrespective of anyone's technical lead. And they are no longer in denial.