What is the Osborne Effect?
On Monday, we wrote about the changes in investor thinking that had pushed the value of Tesla to the point where it has already become the most valuable car company in the world, even though it had barely one thirtieth of its predecessor, Toyota’s, new car sales in 2019.
The focus is very much on the future, and what is likely to happen when the “ticket price” of electric cars falls closer to that of their petrol and diesel equivalents, spurred on new emission standards, technology progress and customer preference.