Wahlman watch

Discussion in 'Tesla' started by bwilson4web, Jun 1, 2020.

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  1. bwilson4web

    bwilson4web Well-Known Member Subscriber

    Once again, Wahlman us predicting the collapse of Tesla.

    Source: https://seekingalpha.com/article/4350990-teslas-ev-market-share-is-low-and-falling

    One of the greatest myths behind Tesla’s (TSLA) outsized valuation [$835 rjw] is that it has some sort of dominant market share in electric vehicles (EVs). That’s the segment of the automotive market where the vehicle is equipped with an electric plug.

    The problem with this myth is that it doesn’t actually stand up to the facts. As it turns out, Tesla’s market share in EVs isn’t all that large -- well under 20% in most quarters -- and it’s not rising either. Actually, here in 2020 thus far it looks like it is falling, with three out of the four months thus far seeing lower Tesla EV market share than we have seen in a long while.
    . . .

    We agree someone is spreading a myth. The only surprise is he didn't mention the recent price cuts of the Model S/3/X. Regardless, we'll get the Q2 numbers about the first week of July.

    Bob Wilson
     
    Last edited: Jun 1, 2020
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  3. bwilson4web

    bwilson4web Well-Known Member Subscriber

    Opps, TSLA closed at $898 this afternoon. <GRINS>

    Bob Wilson
     

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