Yep, I follow Sam Jaffe, and I think he's right, like anyone following the sector, you can see the build up and positioning happening, through M&A, etc. Tesla just keeps pushing ahead, spurring the other OEM's. The M&A activity over the past 3 months has been incredible, all happening during a global downturn. Those legacy OEM's who are prepared will be better placed to manage the transition, selling ICE & EV's, but those who have sat on their hands will likely need to drop ICE and move 100% to EV's if they want to be making cars in 3 years.
Good News & Bad News, page-5778
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