Who knows what next year will hold and the predictions are all over the place. What is clear is that electric vehicle sales are below predictions. From CNET:
Morgan Stanley estimates there will be 18,000 plug-in hybrids and pure EVs sold in the U.S. this year, which is slightly below its previous forecast but international sales are 30 percent below its prior estimate.
Those muted numbers were the reason it downgraded Tesla Motors to underweight today. "While we're still in the very early innings of vehicle electrification, the commercial progress of EVs in the marketplace has been mixed at best, and largely been unimpressive to date," Morgan Stanley's note said, according to Business Insider. . . .
Electric Vehicle sales below predictions
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