Wall Street is unanimous about the massive electric vehicle market opportunity set to unfold in the coming years. Against this backdrop, an analyst at Wedbush pondered what could be on Christmas wish lists for the EV makers.
Christmas Wish List: The EV sectors would be hoping for two things heading into Christmas and the end of the year, Ives said.
Moderation in the chip shortage that severely constrained production.
Hope the EV demand inflection predicted for 2022 materializes.
$5T Market Opportunity Over Next Decade: The EV revolution expected to materialize in 2022 and beyond will translate to a $5 trillion market opportunity over the next decade, Ives said in the note. Tesla Inc (NASDAQ: TSLA) will be the major beneficiary of the inflection, the analyst said.
Original Post: benzinga.com