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Entrepreneur
Kurra Bewarse
Username: Entrepreneur

Post Number: 2915
Registered: 05-2011

Rating: N/A
Votes: 0

Posted on Tuesday, December 22, 2020 - 8:11 am:   

Some notes on TSLA/AAPL from online:

TSLA volume yesterday-55.95m, average-48.31m, it is above average.

The price of Tesla drop from~660's to 650's when apple announces they going to make an ev car in china @3:32pm, apple stock up 1.24%, ah@2.39%. production in 2024-2025. I think this news is good for tesla stock. there is $ importion take away.

{1} global penetration of ev cars only @~ 2%, it gives legitimacy for the world to transition to ev cars.

{2} It confirms battery technology rather then hydrogen ev.

{3} the importance of a good computer hardware and software in ev cars, so far tesla is far ahead of the game.

{4} their must be a good business model for apple to gong in the ev space. the market space for ev is huge. tesla can't make all the ev's even in 2030.

I think this competition is good for both companies.

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