What it is Like to be an Auto Analyst
With the advent of vehicle electrification and the recent advances in vehicle autonomy, it is an exciting time to be an auto analyst
Source: LMC Automotive
A friend recently asked me what it is like to be an auto analyst and it got me thinking about how exciting it has been, especially in the last couple of years, with the start of vehicle electrification and the recent advances in vehicle autonomy.
Prior to the advent of electric and Autonomous Vehicles, the auto sector was viewed by many as being somewhat staid and only attracted the attention of die-hard enthusiasts. But with the arrival of these cutting-edge technologies, both the nature and perception of the sector have changed radically, with the industry now venturing into the realm of high tech. Tesla, for example, has become one of the highest-valued companies globally. Its market capitalization peaked at more than US$1.2 trillion, leaving me wishing that I had bought Tesla stocks!
The sector is now at the forefront of one of the most important innovations of the century. So, with all these advancements, the answer to my friend’s question is, undoubtedly, that being an auto analyst is exhilarating.