04.03.2020 Tesla Daily Analysis

04.03.2020 Tesla Daily Analysis

So far since the markets opened on Monday Tesla has been one of the biggest movers in the financial markets and has risen by more than 10%. So far Tesla seems to be on stable ground. Several major manufacturers are now developing electric vehicle offerings. This shows that more and more firms are beginning to see that electric vehicles are the future of the Automobile Industry. BMW released Tuesday the details of an electric concept car, with the production of the vehicle expected to start in 2021 “We’re working to accelerate mass uptake of electric vehicles by businesses who buy cars, trucks, and vans by the thousand,” Sandra Roling, the head of EV100, explained in a statement “The sooner this happens, the sooner EVs will become widely affordable for ordinary people.” “Our research shows that corporate demand for EVs is increasing, but is still not being met by manufacturers” Rolling went on to state. “As the climate emergency escalates, U.S. General Motors and Volkswagen are among the latest companies that have joined the EV frenzy. They have quite a long way to go because Tesla is on another level now and with Giga Berlin coming up, the future couldn't be brighter for Tesla.