Success88
2022-08-25

The future is EV. Many country have been affected by heat wave due to global warming. China recently hit a record high of 45 degrees high over 65 days. That is something very urgent and serious. $Tesla Motors(TSLA)$split share is good for now but I see in long term China EV is picking up fast and much cheaper price like $NIO Inc.(NIO)$$BYD COMPANY(01211)$. Lots of private hiring and taxi will reform themself and change those cheaper EV. More economy in their operation cost. 

I will think TESLA this share is just a short wave if raise. In 1-2 year time it will slowly dip down and consolidate to lower share price. Probability a 20% drop. @MillionaireTiger@TigerStars

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Comments

  • Lao Tzu Ang
    2022-08-27
    Lao Tzu Ang
    EV will replace petrol car by 2030 almost completely.
  • HHM13
    2022-08-27
    HHM13
    Really a challenge for China to face super high heat and lack of electricity now. Must really press on now!
  • Yckit2000
    2022-08-27
    Yckit2000
    EV is the way to move forward if we are serious about climate change. Future technology will further enhance it's adoption.
  • HSTew
    2022-08-26
    HSTew
    Chinese government is determined to go fully for EV in the year 2025.
    I think this will definitely push all EV Players in China to counter the Green House effects.
  • DanZillaXD
    2022-08-26
    DanZillaXD
    There is a flaw in EV. Not every country can support EV due to land space. The main purpose of EV is to reduce the useage of fossil fuels but where do we get energy to charge our EV?
    • Success88ReplyVizClimax: 
      Agreed
    • VizClimax: 
      Yes. We should first spend trillions of dollars and a couple more decades of infrastructure upgrades before the transition to EVs.
  • OldCat
    2022-08-27
    OldCat
    Please like this comment
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