Is Electrification Killing the Auto Industry?

"In recent years, Tesla investors have mostly ignored sales figures, focusing instead on the eventual development of robotaxis, robots, solar roofs, a battery business and rocket equipped sports cars – all of which are coming next year..."

"The British Society of Motor Manufacturers and Traders, told the press that the discounts needed to boost EV sales to hit last year’s targets were unsustainable – so 2025 could be even worse for the industry."

"According to most auto analysts, EVs are still expected to eventually make up most of the global automotive fleet – due to tightening environmental legislation around the world."

"while European governments seem more committed, their budgets are a lot tighter and they may not be able to afford the subsidies."

"A recent Wall Street Journal article argues that 2025 may be the year that net zero dies as voters lose patience with the project and grow less shy about saying so."

"If German voters do step back from net zero, the rest of the EU is unlikely be far behind."

"It seems to me that we are likely to see significant turmoil in the auto industry in the coming years where historic brands like Jaguar and Dodge could disappear if they botch the transition to EVs by alienating their existing customers without convincing a new audience to buy their new products."

"Automakers may struggle to deal with changing environmental regulations, new trade rules, tariffs, restrictions on tech transfers and a general reversal of globalization."