Gear Shift in Car Demand: CarGurus on Iran's Gas, EV & Automobile Impacts
Schwab Network · Schwab Network
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Show Notes
@CarGurus' Kevin Roberts explains how $4 per gallon for gas is the ultimate psychological level for Americans at the gas pump — and why it serves as a crucial price point for consumers beyond automobiles. He adds that automobile companies haven't passed on costs to consumers yet, another concern he has down the road. Kevin explains headwinds legacy autos like General Motors (GM) and EV giants like Tesla (TSLA) face.
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