Bold talk on self-driving EV disruption [Seeking Alpha]
VOXX International Corporation - Class A (VOXX)
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Source: Seeking Alpha
Stanford University economist Tony Seba continues to draw attention this month with a paper predicting that a global shift to self-driving EVs will create a death spiral for Big Oil ( USO , OIL ) and major automakers caught asleep. Seba, known for calling the solar energy boom in advance, sees a tipping point when EVs of under $30K can deliver 200 miles of range on a mass production basis. Some of the key snippets from his paper are posted below. "Savings on transportation costs will result in a permanent boost in annual disposable income for U.S. households, totaling $1 trillion by 2030." "70% fewer passenger cars and trucks will be manufactured each year. This could result in total disruption of the car value chain, with car dealers, maintenance and insurance companies suffering almost complete destruction. Car manufacturers will have options to adapt, either as low-margin, high volume assemblers of A-EVs, or by becoming TaaS providers." "The impact of the c
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VOXX
Sec Filings
- 4/16/24 - Form 4
- 3/7/24 - Form 8-K
- 2/13/24 - Form SC
- VOXX's page on the SEC website