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Likes ReceivedAfter watching influencer Cathie Wood's video promoting Tesla, my faith has been recharged. $Tesla(TSLA.US)
One thing is, traditional automakers are recently scaling back on pure electric vehicles, which essentially surrenders the future market entirely to emerging pure EV companies. It's quite short-sighted actually - not being profitable is due to lack of economies of scale, but if you scale back, you'll never achieve economies of scale. My conclusion: many traditional automakers are doomed. Just my two cents, might be wrong.
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