Unplugged From CarEdge Electric
Unplugged From CarEdge Electric
CarEdge Electric
EV Bubble Has Burst: Tesla Plunges as Electric Dreams Shatter | Episode 156
54 minutes Posted Oct 20, 2023 at 6:06 pm.
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Tesla's stock is in freefall after profits plunged nearly 50% last quarter. Is this the end of the EV bubble? On today's episode, we discuss Tesla's dismal earnings and what it means for the future of electric vehicles as the industry's dreams shatter. With demand declining despite price cuts, is Tesla just the first domino to fall in an EV market that analysts have warned is oversaturated? Tune in as our hosts debate whether sky-high valuations and rosy projections for EV startups will soon crash back down to reality. They'll also cover the latest EV news and incentives. This is one episode you don't want to miss if you care about the fate of EVs