Tesla Competition? VW Going To Spend Close To $200 Billion To Transition To EVs

3 months ago

VW made a stunning announcement that it is going to have to spend a large fortune, most of that debt finance.

In this video I discuss how Tesla is actually so far ahead of the competition it is amazing. How much money do these companies need to spend to even get to the point Tesla is at now?

▶️ 3Speak

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4 comments

@virtualgrowth 72

3 months ago

Thank you for holding virtualgrowth token. You have been included in today's post.

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@jfang003 74

3 months ago

The companies are far behind and it's going to take some massive commitment to catch up. At the same time, I just think that Tesla has far less bloat compared to the other EV companies.

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@stefano.massari 71

3 months ago

Tesla is a company that since 2010 continues to see the future. And given the latest stock market crash, I'm almost ready to buy Tesla stock !PIZZA

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@pizzabot 58

3 months ago

PIZZA!

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