You might want to update your data, July was flat:
https://insideevs.com/news/367908/global-ev-sales-in-july-2019/
August was a drop:
https://fortune.com/2019/09/03/electric-cars-sales-fall-for-the-first-time-ever/
The trade war is not helping, and one wonders if Tesla are so far out in front with their offering that it's causing potential EV buyers in China to hold off in order get a model 3 in a few months once GF3 gets going rather than a far inferior local alternative?
That said, apparently stalling EV demand, with converter bottlenecks, seeming spod oversupply and mines going under certainly makes for a brave buyer IMO. No wonder they can't get the big end of town interested in buying in.
I'm sure the EV revolution will arrive and this will be a hiccup, however picking the surviving suppliers will be tricky, many will get swallowed up by debt holders and other corporate shenanigans. IMO Tesla might be the better buy at the moment if you want to capitalise on the EV space...
You might want to update your data, July was...
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$2.99 |
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| Open | High | Low | Value | Volume |
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