New vehicle inventory continues to rebound from its low point caused by a semi shortage in 2021, notes Kevin Roberts. He discusses the effects of auto industry labor actions. He talks about how new vehicle inventory levels are up nearly 76% and pricing remains a sticking point for consumers. He outlines how the easing semiconductor shortage and new labor deals will affect vehicle pricing. He highlights that 2024 also brings an uncertain demand outlook for E.V.s. He then goes over auto industry trends to have on your radar. Finally, he looks at the role of the Cybertruck in Tesla’s (TSLA) outlook. Tune in to find out more about the stock market today.
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30 Nov 2023
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