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Re: TuMaRu post# 117

Monday, 04/05/2021 12:27:51 PM

Monday, April 05, 2021 12:27:51 PM

Post# of 219
I invested in the EV sector early and have done quite well.
have already exited a few , and closely watching the rest.
There is a lot of hype, but you are going to have to be in the right ones. First, the price is going to have to decrease significantly for average consumer to jump in. Second, Rural consumers are going to need significant battery distance improvements. Third, our power grid is going to need a significant upgrade to handle charging.
fourth, and most importantly, once the self driving bugs are worked out Transportation as a service is going to significantly reduce the number of cars required as people move to subscription based transportation services.

Anything i say is what is right for me, and may not be right for someone else depending on circumstances, trading philosophy, risk tolerance and other factors. I don't know you well enough to give investment advice.

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