Colin Rusch, an analyst at Oppenheimer, calls 2022 the "year of execution" for the tram industry. He said that electric vehicle companies need to prove whether they can deliver enough cars to realize their huge market value.
"We are studying which companies can really produce these cars in an efficient way," said Oppenheimer's managing director, senior research analyst and director of sustainable growth and resource optimization "I think we will find a company that can really do this in 2022," he added. He also pointed out that the current market value in the industry reflects the "size of investment opportunities". Looking at all participants in the field of electric vehicles, Rasch believes that Tesla (tsla. US) "needs to keep the original intention and persevere all the way."
Oppenheimer predicts that if tsla achieves its delivery target in 2022 and continues to show signs of progress in advanced technology development (such as the gradual progress of autonomous driving technology), the market value position of the company will remain unchanged and the stock price will continue to rise.
In terms of the fierce competitive environment in the electric vehicle industry, Lashi believes that in the long run, this may create a larger electric vehicle market and promote the development of industry supply chain and infrastructure, which will eventually benefit Tesla. Rasch predicted that Tesla's "performance" would be better than its competitors.
It is reported that Tesla is currently facing competition from old car manufacturers such as Ford (f.us), General Motors (gm.us), as well as new car enterprises such as rivian (rivn. US) and lucid (LCID. US). Among them, last year was lucid's best year so far. In 2021, the company's share price increased by nearly 300%.
In addition, although Tesla's share price also performed strongly in 2021, rising by nearly 52%, it was slightly inferior to the increase of Ford's share price, which increased by more than 130% in 2021.
(Zhitong finance and Economics Network)
