Elon Musk predicts the bankruptcy of some companies in the next 12 months and affirms that “Tesla is not immune”
After a few years of exploding interest in electric vehicles, and with it a substantial flow of investment for the creation of new models and new brands, it appears that we are approaching a correction period when sales continue to expand but margins and costs adjust. A rhythm that not all brands can keep up with, resulting in the collapse of certain enterprises in the field.
Elon Musk informed the media in December that just two North American firms will survive in this new age of electric vehicles. Ford and Tesla. The rest will eventually go.