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J Hutt
How Money Works
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Comments by "J Hutt" (@jhutt8002) on "The Firms That Are Deliberately Fueling The MEME Bubble - How Money Works" video.
Europe EV sales jan 2021 - sep 2021 by manufacturer have Tesla at 7 % with "legacy" makers dominating with Vokswagen AG at the top at 25 %. That's not close to 20:1 but keep in mind Tesla had 10 year headstart, and old car companies have only past two years started to push their own capacity to EV. US alone doesn't justify TSLA stock price, and I have hard time believing they could grab far east markets as they can US.
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@neeljavia2965 @Neel Javia Well, I don't know that much about far east markets, I admit that. Just expect China, Japan and Korea to push local manufacturing pretty heavily to compete there. Model Y doesn't even appear on top 20 list in Europe... Model 3 is best selling EV by wide margin, but also it's only Tesla model there. That data is easy to verify with quick Google search. I tried to post link but Youtube keeps deleting my comment so I can't? Volkswagen AG having EV under 5 different brand with multiple model each holds 25 % while Tesla has only 7 % (and doesn't make it to top 5 manufacturer list). As a brand Tesla is only 4th, behind Volkswagen, MB and BMW in sales.
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Bolt, you're smart guy.
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