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The Tesla company sank significantly when Chinese automakers joined the race for electric cars.
Prices for used Tesla vehicles also continue to decline. This is logical because the consumer has a wide choice, which was not particularly noticeable in 2021. But the presence of competition forces good companies to change for the better, reduce costs, improve quality and be more attentive to the consumer. Is Tesla a good company? Definitely. Are current levels a good opportunity to form a position? Definitely.
VokCapital is positive about the company's capabilities and its ability to compete with Chinese automakers, and the current trade trend towards protectionism in many Western countries reinforces this position.
The Tesla company sank significantly when Chinese automakers joined the race for electric cars.
Prices for used Tesla vehicles also continue to decline. This is logical because the consumer has a wide choice, which was not particularly noticeable in 2021. But the presence of competition forces good companies to change for the better, reduce costs, improve quality and be more attentive to the consumer. Is Tesla a good company? Definitely. Are current levels a good opportunity to form a position? Definitely.
VokCapital is positive about the company's capabilities and its ability to compete with Chinese automakers, and the current trade trend towards protectionism in many Western countries reinforces this position.