StockWatch: Tesla Facing Further Competition
China’s biggest carmaker is launching a premium electric car brand it hopes will take on #Tesla.
This comes as Volkswagen and GM entered the EV race as governments are pressuring the #automobile makers to reduce their #carbon footprint within the next decade.
Ford Motors posted a four-year high last week as analysts now believe that Ford’s alliance with Volkswagen signals a shift into an aggressive electric vehicle rollout between 2025 and 2030, finally joining their other rivals.
– TSLA 03:30
– F 04:20