HomeLifestyleVehiclesTesla (TSLA) & The Battle For E.V. Supremacy

Tesla (TSLA) & The Battle For E.V. Supremacy

Tesla (TSLA) is uniquely positioned to win a price war because they have 13% net margins versus BYD (BYDDY) 4% and Ford (F) 2%, notes Steve Westly. He discusses TSLA and the battle for E.V. supremacy. He talks about how TSLA is still king of the hill, is triggering a global price war, and is in a global land grab to expand market share. He notes that BYD and SAIC are coming fast with BYD growing faster, 95% year-over-year, while Ford (F) and General Motors (GM) are struggling to sell 100K cars. He questions if F and GM can catch TSLA. He highlights that TSLA's Model Y is the best-selling car in the world. Tune in to find out more about the stock market today.

The Watch List

21 Aug 2023

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