EV sales are up but not all EVs are selling at the same rate, says CarGurus' Kevin Roberts
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- เผยแพร่เมื่อ 30 ต.ค. 2023
- Kevin Roberts, CarGurus, joins 'Fast Money' to talk ballooning EV inventory at car dealerships and what it means for the EV industry as a whole. For access to live and exclusive video from CNBC subscribe to CNBC PRO: cnb.cx/2NGeIvi
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High interest rates in car loans will have a huge impact. Sorry to ruin Dan's party, but decreased EV sales have zero to do with decreased demand. Demand and innovation is there, its just the macro-economics we are dealing with.
It's difficult for legacy automakers to make value for money EVs as done by Byd or Tesla and the one with no dealership involved.
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@@ANTHONY_esq You must have been greeedy serves you right. lol
Investing so much in emerging companies is a ridiculously bad strategy you need to balance your portfolio against risk. Investing must be like the healthy food pyramid. BTW, I commend Adam Brossard Wright's transparent trading method too, best I have seen so far.
@@sonyablack2015
Remember you only lose when you cash out me I am hoping Tesla stock hits $100 or less which it’s should between 2023 and 2024 then I am all in !!!
60% of world ev sales is from China. Outside of China, and countries that have massive subsidies, it's fairly apparent more ev's are being built than can be sold.
Dan ❤Tesla!
STALLING OF CAR SALES HAS NOTHING TO DO WITH ICE OR EV... ONCE INTEREST RATES COME BACK TO EARTH, EV SALES WOULD PICK UP AND SLOWLY OVER TAKE SALES OF ICE CARS
Interest rates are back to normal. The last 10-15 years post global financial crisis has been the outlier. 5% rates are not anywhere close to being high historically speaking.
EV's cost a fortune to purchase and charge. Also, cold weather performance reduces charge time by at least 50 percent. Most people who really wanted an EV as a toy have purchased one and now you will see the EV sales implode. Why do you think dealers lots are stacked with EV's?