https://www.bloomberg.com/opinion/articles/2020-12-03/stop-dissing-electric-car-companies-already

This was also the year when investors reconfigured the $2.7 trillion auto industry.

Electric-car companies are suddenly worth half of the total market capitalization of the world's 10 most valuable automakers. That's because money managers sized up the convergence of government policies and people's preferences combating climate change and made alternative energy their biggest bet.

XPeng's revenue will grow 160% in 2021, followed by Nio's 87% and Tesla's 47%, when the average for the top 10 automakers will be 36%, according to the analyst estimates. They predict that XPeng, Nio and Tesla sales will increase another 94%, 68% and 28%, respectively, in 2022 when the Top 10 average will be 22%.

Joining the S&P 500 index is especially propitious for Tesla. Among more than 1,200 mutual funds worldwide using the S&P 500 as their benchmark, $4.7 trillion, or 93% of them, disclosed no ownership of Tesla shares in their most recent regulatory filings. If Tesla represents 1% of the index, it could easily receive $47 billion from the passively managed assets tracking the benchmark.

That's another reason Tesla shows no signs retreating.




The future is among us...

None of which would be alive if not for govt subsidies! Where does the US expect to get the energy to run this if they ban oil?
See the issue of hypocrisy?

Quote from: Solar on December 08, 2020, 06:50:37 AM
None of which would be alive if not for govt subsidies! Where does the US expect to get the energy to run this if they ban oil?
See the issue of hypocrisy?

Beat me to it again. 

As I was reading his BS I wondered if he even understood how these companies have taken millions from governments.

Quote from: supsalemgr on December 08, 2020, 07:35:40 AM
Beat me to it again. 

As I was reading his BS I wondered if he even understood how these companies have taken millions from governments.

Libs actually think this is capitalism at work.

Quote from: Solar on December 08, 2020, 06:50:37 AM
None of which would be alive if not for govt subsidies! Where does the US expect to get the energy to run this if they ban oil?
See the issue of hypocrisy?

To the lefties on this forum: will you condemn this hypocrisy?

Quote from: Sick Of Silence on December 16, 2020, 11:50:12 AM
To the lefties on this forum: will you condemn this hypocrisy?

I don't think ModelCitizen saw the hypocrisy until it was pointed out, it's all about how they "Feel" about it, rather than actually dig into the weeds behind the drive to accomplish this.
It never had anything to do with the environment, rather, corporate America milking the taxpayers to fund it. Just like all the other Green Bull Shit!

Quote from: Solar on December 08, 2020, 07:42:49 AM

Libs actually think this is capitalism at work.

They are idiots who deserve EVs...

I noticed they are building charging stations everywhere recently: who is paying for them? Is the car owner paying for charging?

Quote from: Owebo on December 16, 2020, 12:07:20 PM
They are idiots who deserve EVs...

Then they'll be forced to by gas generators to charge them up.