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J Hutt
The Plain Bagel
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Comments by "J Hutt" (@jhutt8002) on "Investor Beware - The Dangers of Tesla's Stock" video.
People being ery enthusiastic about any stock in general is just a red flag not to keep it. Once realism catches the stock, it'll fall.
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US investors seem to be quite blind to the rest of the world: Only way for Tesla to meet any of numbers presented to make it as valuable as predicted would be to them to dominate the EV market. Meanwhile, there's huge push towards EV's in EU, and all manufacturers are taking measures towards it. There simply isn't that big untapped market for Tesla in Europe than people believe. And it will he only?shrinking in future. You think french and german manufacturers, not to mention politicians, just allow one US company to control the market? Meanwhile Asia do their own thing with their own manufacturer's. Ford had to give up India with massive losses in their back. Only VAG and Daimler seem to have any proper foothold in China, which really isn't a good sign for Tesla either, and japanese and koreans have their own car industry they are not going to just let fall behind imports.
2
Model 3 by far the best selling ev in europe. But here's january-september 2021 ev sales in europe by MANUFACTURER: Volkswagen Group - 25% share (Volkswagen brand - 10%) Stellantis - 13% share Daimler - 10% share (Mercedes-Benz brand at 9%) BMW Group - 10% share (BMW brand at 9%) Hyundai Motor Group - 9% Tesla noted 7% share so far this year. Doesn't look very promising.
1