But with supply chains improving and more vehicles coming to market, the manufacturers are set to lose pricing power, and investors are signaling tougher times are ahead.
“There is likely to be a lot of instability in the next 12 months as new electric models try to gain traction and Tesla continues to add pressure,” said Felipe Munoz, senior analyst at JATO Dynamics.
“There are threats to growth coming as a result of inflationary and geo-political pressures, and if you…
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