Comments by "Scott Franco" (@scottfranco1962) on "Tesla will likely fade over next two weeks, will rebound closer to 2025: Deepwater's Gene Munster" video.

  1. Two massive waves are waiting to hit the auto industry. The first wave is cost inversion. EVs cost less to make than gas cars, and will soon move to being a considerable discount to gas cars. The American car makers are not ready for this, which is why they are lobbying to keep BYD out of the USA. It won't work. BYD will be selling everywhere outside the USA, including over the border in Mexico, which means they will be here soon like it or not. The second wave is autonomy. That is end of decade stuff, but it will change the car industry utterly.
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