"Eventually the German car makers will stop making petrol cars entirely, because it will no longer make any sense to build ICE vehicles just to sell to the Americans"
That's if they don't simply go broke first, because Tesla in America, is already, eating all of their lunches. and I note also that there's already a noticeable increase in the number of 'German luxury car marques' here, in Australia, who are suddenly doing a lot more 'sales' advertising in the media and even 'publishing their prices' for a change, as well. Could possibly already be a few nerves starting to set in around the country in a lot of 'expensive' European car dealerships.
GXY Price at posting:
$2.59 Sentiment: Buy Disclosure: Held