RE:Tesla has real news. Telsa is expanding in markets that Eguana seeks to capture. How could Eguana ever compete against Telsa?
I have been following Eguana (former Sustainable Energy Technologies) for roughly 20 years when Telsa was not on the map.
Furthermore, I have been in and out several times with this stock thinking it was the right time to get back in but now I believe the days are numbered for Eguana. It will a be a question of time before they get squeezed completely out in the future.
Telsa has the financial capacity to develop similar products to those of Eguana but on a massive scale and lower costs. Furthermore, Telsa is in the United States which puts Eguana at a disadvantage to expand its market.
Moreover, there has been next to no support for green technologies by both levels of Canadian provincial and federal governments. There is only talking points in favor of green technologies coming out of politicians mouths to calm down environment activists.
Ask yourself these questions? If TELSA was able to grow into a behemouth in about sevens years, why has EGT not done the same in about 20 years? Maybe something wrong with management at every level? Maybe the CEO played it safe to the point it stifled any possible growth? Did they try to diversify to expand product diversity and thus capture markets share on many levels?
All in my opinion.