Newbie;269788 wrote:The news by Ford and GM may pay off.
Stock on the move again.
If indeed the TSLA charging model becomes the standard (Blink seems positive), then the licensing and usage fee should provide a regular income stream and the company adds another bow to their arsenal of Cars and Batteries.
Its up around 8% at the moment today, still no where near its all time high but has being doing very well over the last few months.
I have to admit I assumed that once the legacy auto makers (Ford, GM VW etc) finally swung into gear with regard to EV manufacture Tesla would be swept away but this does not seem to be the case. It would appear that making electric cars profitably is a lot more difficult than some of these older manufacturers thought, almost all if not all of them are loosing money on every EV they make. Tesla and I think BYD over in China seem to be the only companies that can make any money doing it.
What are peoples thoughts?