This is a positive move for Apple. They needto explore alternative payment methods and build partnerships quickly. This way they can navigate the payments space (which is evolving so fast) more nimbly and not be left behind.
At present EV makes up only a tiny fraction of the auto market. The expected exponential increase in conversion to EV will create a huge market with many more EV players apart from just Tesla. This is not necessarily bad for Tesla as there is room for more than 1 dominant player. Also we know Tesla is more than just an EV company, with autonomous vehicles and robotaxis, energy and battery businesses all in the works. Long Tesla!
It’s going to be as volatile as crypto. Good thing is that they make money either way when ppl buy or sell. But it’s going to be a temperamental stock..
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Typical brainless manipulation of Apple stock price. Trying to seed FUD, then hoping price drops so they can buy it up.Then just before next earnings they will change their tune. Who wants to bet this same firm will buy up Apple when it dips, then pump it up and then dump again. Stupid cycle never stops.