The first EV, or one of the first EVs, in 1996, GM created the EV one. No one bought them and they stopped building them in 1999. And I think Tesla's stock is so priced to perfection that when it experiences the kind of competition they're experiencing, I think the market's just going to start looking for reasons for why this thing shouldn't be valued as much as in the entire German and US auto industries.
This week on Prof G Markets, Scott breaks down why Home Depot’s disappointing earnings are indicative of healthy market trends. He also takes a look at promising earnings from Stellantis, the second largest EV seller in Europe behind Volkswagen and ahead of Tesla. Finally, Scott explains why companies and resources are nationalized, and discusses what it means that Mexico is nationalizing lithium.
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