A rise in Porsche EV interest could threaten longtime market leader Tesla

The bigger picture:

While early interest might come from consumers in the market for premium models, automakers can't focus only on high-end EVs to recoup their investments. EVs must appeal to a wider audience with more accessible options. So far, automakers have unveiled plans to invest overin developing EVs, a figure that automakers hope to recoup in the near future. Limiting EV options to high-end vehicles cuts off an automaker from a large segment of a potentially massive market — the global fleet of EVs will reachby 2030, up from just over 5 million in 2018, according to the International Energy Agency.

High price tags are holding consumers back from making an EV their next purchase — 57% of consumers would be more likely to purchase an EV if it were the same price as a traditional vehicle, according to a study by Volvo The Drive. Lower-priced options and different form factors like sedans, pickup trucks, or minivans would expand the potential audience for their EVs, as it seems many consumers are looking for a lower-priced option.

Bollocks

Half of reservations are from Tesla owners. That means most won't buy by the time Taycan finally available and the Germans aren't interested. That isnt good for VAG.

Why?

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This top-heavy stock market might need an interest-rate hike, not a cut, says Nobel-winning economistThe two-day Fed meeting kicks off Tuesday and a rate cut, with a not-so-gentle nudging from the president, seems like a slam dunk at this point. But is it... simple, because trump wants it He's correct on the economy running hot. If without monetary and fiscal policies asset prices would be _deflating_, having 2% inflation is a lot of inflation then. Spoken like a Fat cat making lots of money and not giving a shit about real people making same as 10 years ago. 👎🏾thank you for all your wisdom
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