IMO Tesla who is significantly dependant on China for bottom line profit will likely get a jolt once Toyota and VW get their EV acts together.
The market cap of Tesla vis a vis Toyota is absurd, IMO, and from 2025 onwards when Toyota produces a Hybrid or an EV equivalent of every model it produces now .
IMO Tesla's market cap will wither back to sub $200 billion. That said is Tesla a good long term short?
Toyota has profited from its Hybrids/plug-in hybrids and IMO its EV production will ramp-up over the next 5 years when western markets have adequate charging infrastructure in place and when the vast majority have made the "culture shift" to EVs .
PS: Ive seen a few large BYDs on the road recently
