RE:RE:RE:RE:High Oil Prices...Works for LEV!!Very true. I can't remember seeing a commodity cycle like this before. Just two years ago companies were PAYING buyers to take barrels off their hands!
Marc was asked the inflation/pricing question but seemed to be pretty sanguine about it. LEV has pricing power I believe because of who their customers are. Mostly fleet owners: School boards, governments, large companies etc. If price is hiked 10% it is not a deal-breaker for them to cut the number of buses from 10 to 9.
Hard to buy 9/10 of a Tesla for the individual buyer.
Cheers