I'm not sold on impacts of a recession on BEV. Tesla and other BEV providers are production constrained and likely sell all they can produce for the foreseeable future. I think any recession will see a massive drop in legacy auto as they have high debt opposed to Tesla who also have a lot of leeway to drop prices if needed based on margins. I'm expecting Tesla to have bad qtr results from the way CN covid lockdowns where handled. Total buying opportunity imho.
I'm not sold on impacts of a recession on BEV. Tesla and...
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Last
$6.25 |
Change
0.080(1.30%) |
Mkt cap ! $5.841B | |||
| Open | High | Low | Value | Volume |
| $6.25 | $6.26 | $6.17 | $15.83M | 2.513M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 18985 | $6.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.25 | 53073 | 5 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| LYC (ASX) Chart |