Although one of the - perhaps also the - leading manufacturer of electric vehicles, the negative outlook is solidifying.
- Declining sales momentum, especially in China
- Isolation/tariff policy of large markets (US/EU)
- Export strategy well below expectations
- Rising inventory of unsold cars
- already reduced production
- Increasing price war as a result
- with falling margins
Bought over two years ago with the intention of adding a long-term investment to the portfolio, but the prospects are not rosy in the long term either. Actually, you should keep your hands off the automotive sector anyway ;-)
