Bank Of America Predicts Tesla Market Share Will Collapse In Next Few Years
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One of the big investment banks is offering a "reality check" about Tesla's market share that one might not expect from a firm likely trying to win investment banking business from the company. That's why this morning's Bank of America note - wherein the bank suggests that Tesla's U.S. EV market share could drop to just 19% by 2024 - caught our eye. The bank says that a "slew" of new EV models hitting the market could force Tesla's U.S. market share to plunge from its current 69%, Bloomberg wrote in a Wednesday morning note. “We…
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