Regarding automobile stocks, virtually every automotive manufacturer is entering the electric vehicle and autonomous driving market in some form or another. Consequently, EV companies like Tesla and Nio will face challenges and competition in the future. Nevertheless, the real question is, can these disruptive technologies turn a mostly unprofitable industry (automobile manufacturers) into profitable businesses? Perhaps equally as important, how will electric, self-driving cars and ride-hailing actually transform the car industry? Will people continue to have love affairs with their automobiles, or will they just simply become a commodity? No one can know for sure, but it will be quite interesting to watch.
In this FAST Graphs Analyze Out Loud Video I will go over Ford Motor (F), General Motors (GM), Stellantis (STLA), Tesla (TSLA), Nio (NIO)
FAST Graphs Analyze Out Loud Video:
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