Apple reminds me of Tour De France …. In the packs, seems all moving at same speed and then the breakaway attempt(s). It will take several times and then the final push …each time it breaks, the pack get smaller …
Big tech stocks fell in morning trading, Apple fell over 1% after reaching record high
popsci.com/technology/global-chip-shortage/ , good writeup on why we are experiencing this chip shortage. 1-2 years to recover so you can imagine the backlog.
Tesla shares fell 1% in premarket trading,as the company delivering 8,621 Chinese-made vehicles in China in July, down 69% from the previous month.
It is no longer a case of whether the future is EV or not. It is a question of which of the current companies will still be around. Good article looking at historical data of gasoline driven vehicles. Andwe all know that history tends to repeat itself.
EV is the future. Whether you want to go into EV,charging stations (get yourself a future “Shell orEsso”) or Battery manufacturer or a more holisticfund approach, the info is a good entree.