Tesla Investor Ross Gerber 'Fell In Love' With BMW's Electric I7 And Thinks It Might 'Kill Off' Lucid
Portfolio Pulse from Benzinga Neuro
Tesla investor Ross Gerber expressed admiration for BMW's latest electric vehicle, the i7, and suggested it could pose a significant challenge to Lucid Motors. BMW recently launched an updated lineup of security vehicles, including the i7 Protection, the first-ever all-electric armored sedan globally. The i7's electric drive system aligns with BMW's sustainability goals.
August 14, 2023 | 6:36 am
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POSITIVE IMPACT
BMW's latest electric vehicle, the i7, received positive feedback from Tesla investor Ross Gerber, which could boost the company's reputation in the EV market.
Positive feedback from a prominent investor like Ross Gerber could enhance BMW's reputation in the EV market. This could potentially lead to increased interest in BMW's stock.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Lucid Motors could face significant competition from BMW's i7, as suggested by Tesla investor Ross Gerber.
The suggestion by Ross Gerber that BMW's i7 could overshadow Lucid Motors in the EV market could negatively impact investor sentiment towards Lucid Motors.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 70