kingsskier
Active member
14334075:HypeBeast said:Anyone think F is still a buy at these prices? I bought a small amount when it crashed in 2020 but even with no dividend right now, their EV progress is promising enough to make me consider buying more.
Just look at market caps and historic automotive market caps. I think F has at most 50-60% growth with EV future. It really all depends on development of emerging markets though.
EV will never be huge unless they can develop better battery technology. Batteries are super inefficient to charge and run under 30* and above 90 or 100* because you have to use power to heat or cool them. They are cost resource inefficient to about half the world at this moment. Thats just one technology of many that need to develop.
This is why Tesla is super successful. They are way ahead of the curve on emerging markets. They are a tech company that also makes vehicles. The big three need to pivot this way as well.