Tesla and Rivian weren’t supposed to sell this many vehicles last quarter.
English
Analysts: Tesla and Rivian’s Performance Points to Continued Growth in Electric Vehicle Interest
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The growing demand for electric vehicles underscores an industry-wide shift away from gas-powered cars, analysts said. “Consumers are not shying away from electric vehicles … in fact, it’s quite the opposite,” said Wedbush senior analyst Dan Ives.
Tesla’s blockbuster results show roughly an 83 percent increase from a year earlier, Ives said. “We’re seeing a green tidal wave of demand playing out,” he said.
