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Grant 302
basic and well known psychic
I’ve said in the past that the real danger to Tesla is direct competition from any other major manufacturer. I thought it would come in the form of a high volume and ‘low’/subsidized econo EV. It’s my belief that Ford already has (or had) the capability to do so...and that the evolution would be an EV only platform.I don't know enough about shareholders, or how entities like mutual funds actually think (it may be just a bunch of glorified speculation; that certainly seems to be the case with Tesla with what I read earlier this morning as having a P/E of 270 and is capitalized at more than Toyota).
But it appears, that Ford is going after the higher end of the spectrum with the Mach-E...which seems to me to more directly compete as a Tesla-like product. I hope this strategy works.
On that note, I do wish Ford responded better to the Cybertruck release and the stupid tug-of-war that was unfairly stacked against the F-150.