Preparing for the demise of non-electric vehicles
The sharemarket expects electric cars to dominate the motor industry faster than the public realises.
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An interesting phenomenon taking place on the US sharemarket – electric carmaker Tesla, which produced 85,000 cars in 2016 and lost money in every quarter, is worth $US56 billion.
That’s more than General Motors or Ford, which have produced more than nine million cars and earned large profits.
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Dr Michael Naylor
Fri, 04 Aug 2017
Fri, 04 Aug 2017
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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Preparing for the demise of non-electric vehicles
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