Down $0.50 to $19.50.
I just want $TSLA to crash to $TSLAQ at this point and for this BEV fad to cool off.
No one would be doing this BEV stuff if Tesla's market cap wasn't idiotic - all these company's are doing this because they are thinking - "well hell, Tesla is a $600 billion dollar company, we need to do this I guess".
Everyone is saying this is for consumers, but most consumers outside of Europe don't really want to pay the $7K BEV premium. All these executives are lying in saying there is demand for pure BEV. They are LYING. Why? Because outside of geeks, normal people have a budget for their vehicle.
And I'm sorry, I don't believe the costs are going to be halved again - between the extra premium paid for electronic components, I don't see the batteries and required electronics continually becoming cheaper.