business

Nissan considering third auto plant in U.S. to meet EV demand

3 Comments
By YURI KAGEYAMA

The requested article has expired, and is no longer available. Any related articles, and user comments are shown below.

© Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.

©2022 GPlusMedia Inc.

3 Comments
Login to comment

Why is Guptaji doing all the talking when the CEO of Nissan is Uchida-san? Is Uchida-san media shy or is he just a figurehead? Or is Guptaji the defacto CEO but Nissan won't go down the road of appointing a gaijin at the helm after the Ghosn saga?

1 ( +1 / -0 )

Thats suicidal.

Nissan cannot match Tesla playing in Tesla's ground.

Nissan should stick to Asian markets, where they still have a chance.

-2 ( +0 / -2 )

Thats suicidal.

Nissan cannot match Tesla playing in Tesla's ground.

Nah. Tesla's output represents about 2% of global automobile output. In terms of market share they are small potatoes. Where Tesla faces real risk is their stock value. Currently the value of market capitalization of Tesla is more than the combined value of the ten largest auto makers by volume. By any conventional measure of stock price Tesla stock is grossly over valued. The threat of a sudden large correction is always there. Tesla only sells between 21,000 and 26,000 cars per month in the US. Nissan sells between 61,000 and 99,900 cars per month during the same period. Even Subaru sells 40,000 - 50,000 cars per month in the US. Tesla is smaller than Subaru in terms of sales.

0 ( +0 / -0 )

Login to leave a comment

Facebook users

Use your Facebook account to login or register with JapanToday. By doing so, you will also receive an email inviting you to receive our news alerts.

Facebook Connect

Login with your JapanToday account

User registration

Articles, Offers & Useful Resources

A mix of what's trending on our other sites