What an incredible investment opportunity MNS is (imo) - not investment advise - DYOR.
Elon Musk (Tesla) advised established car makers are coming late to EV market and in his opinion haven't really secured the raw material resources that they may need to ramp up production EV's.
Believes they'll require in excess of $45b USD investment to secure requirements over coming years eg lithium, graphite etc.
Also stated the more fragile nature of Ford and Chevy as the last downturn they incurred significant losses which required huge bailouts by US government to avoid bankruptcy.
K
General Discussion Topics, page-3367
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