Although less tha 3% of the cars in California are EVs (mostly Teslas), this state still contains over 47% of the EVs in the United States. See: Electric England site.
What can we conclude from this? (Maybe think the recent infrastructure spending bill.)
STAND UP FOR CALIFORNIA?
5 comments:
Check out https://www.livemint.com/auto-news/global-evs-sale-climbs-up-here-s-list-of-countries-with-most-electric-cars-11628745051665.html
I expect that an $8000 electric car from China will land in the American market by 2025.
Maybe that is why Musk is selling so much Tesla stock?
If the Green New Deal passes, you get a $12,500 credit for buying an EV. Does this mean that that Uncle Sam will give you $4500 then to get a Chinese EV?
The $8000 EV from China could be a Tesla! China is a large part of Tesla revenue.
Two things, 1) It would probably cost quite a bit to transport a Tesla from China … so a $8k sticker price is doubtful. And 2) Selling a low priced EV in the U.S. would kick the stilts out of Tesla’s revenue. I don’t think this market is that elastic. (Would Apple sell an iPhone for $50 and grow revenue?)
Post a Comment