As soon as that investor shift occurs, it’s going to be tempting to maintain shifting sources to EV growth even when it shortchanges the core money-making aspect of the enterprise. We’re already seeing indicators it’s in progress: Buyers have rewarded Ford’s EV plan with a two-month lengthy inventory rally, and after Hertz World Holdings Inc. noticed its inventory soar after it mentioned it might purchase 100,000 vehicles from Tesla, Avis Funds Group Inc. shares soared 108% Tuesday to the best stage ever simply on the CEO’s promise to play a giant position within the adoption of EVs.
https://www.washingtonpost.com/enterprise/power/investor-pressure-is-speeding-the-arrival-of-electric-vehicles/2021/11/04/a9e08ee0-3d62-11ec-bd6f-da376f47304e_story.html?utm_source=rss&utm_medium=referral&utm_campaign=wp_business | Investor Strain Is Rushing the Arrival of Electrical Autos