Description: Americans aren’t buying electric vehicles, they’re buying Teslas. That’s been a relatively true statement for U.S. consumers in recent years, with Tesla accounting for the majority of EVs sold, including 79% in 2020, according to IHS Markit. But that’s starting to change as so-called traditional automakers and start-ups invest billions in a slew of new electric vehicles to compete against Tesla.
Source: CNBC.com – video report
Date: Oct 26, 2021
Questions for discussion:
- What does the report say about the EV industry today?
- Why has Tesla done so well this year, in your opinion?
- What is the message to other EV manufacturers from this report?
- Would you be an investor in this industry?
Leave a Reply
You must be logged in to post a comment.