A financial bubble is inflating in the electric vehicle market. This is warned by Bloomberg .
The agency drew attention to the fact that Tesla’s market value this week exceeded $ 540 billion, which is 250 times more than its expected profit this year. At the same time, since 2003 Tesla has found itself on the brink of bankruptcy at least twice.
Bloomberg also notes that the three Chinese manufacturers of electric cars traded on American exchanges – Nio, XPeng and Li Auto – are not profitable. Although their combined capitalization is $ 154 billion, they delivered less than 30 thousand vehicles in the last quarter.
/OSINT/media/social.