#tsla

The post Old economy cash flows vs future mobility bets: Why TSLA vs FORD is becoming a different trade appeared on BitcoinEthereumNews.com. For a while, the EV trade felt almost too easy. You had carmakers rolling out announcements about new battery plants, dropping hints about software revenue and self-driving, bumping up production targets — and investors just kept rewarding them for it. The whole sector ran on one simple assumption: electric vehicle demand would climb fast enough to make all that spending look smart eventually. That assumption has started to crack. Nobody’s saying the automotive industry transformation stopped — it didn’t. But whatever energy surrounded it during the post-pandemic years has mostly dissipated. Rates went up. Chinese rivals got serious in ways the industry wasn’t prepared for. Discounts started showing up in markets that had never really needed them before. The squeeze on the auto industry’s margins stopped being something companies could explain awa