Thread with my #Predictions for #2023:
* The war in #Ukraine will unfortunately continue throughout the year, wearing both sides down. #Putin will eventually be ousted, but many of those who could be involved with that have fallen out of windows. A military coup might be possible, but then the replacement may be no better, and I don't think it will be this year yet. At the same time bombing Ukraine will tire them, but they will continue making moves. Just not enough yet to end things.
1/n
* #Tesla is still the company best placed to benefit from shift to #EVs. They are able to produce when others are struggling. However the #Cybertruck may get pushed back again and #Elon's #Twitter adventure will have knock-on effects. There will be increasing calls for him to go, and he may be pushed out. While #ChipShortages will start to be better, #EV prices will remain high, supply limited until next year. #VAG and #Korea also benefit. #Japan car industry will suffer longer term.
6/6
@Setok No way Cybertruck gets cancelled. Zero chance.
The difficulty with booting Elon before was A) fear of a market crash if they lose him, and B) him owning a quarter of the company, thus having a lot of voting power. A) is now probably gone or reversed. His ownership is down to 13,6% now - much reduced, but still some power. And the current board was chosen back when he had more power.
Hard to say.
@nafnlaus I think there's a big demand for a Tesla pickups, and the CT, but we don't know the cost or if there are other difficulties. When a new CEO comes in, they like to cut pet projects of the previous CEO and I could see that happening in that situation, especially if the cost is racing.
Before Twitter I couldn't see Elon easily being pushed out, but as you mention, now is different. Tesla stock price really is 'ouch' and the markets might actually like someone bringing stability.
Kristoffer Lawson
Nafnlaus 🇮🇸 🇺🇦