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Home > Tech Path Crypto > 36. Amazon EV Vehicle Sales Will Skyrocket Stock Price To $12,000 | $AMZN
Podcast: Tech Path Crypto
Episode:

36. Amazon EV Vehicle Sales Will Skyrocket Stock Price To $12,000 | $AMZN

Category: News & Politics
Duration: 00:35:11
Publish Date: 2021-03-26 21:48:42
Description: Amazon Vehicles is the company's initial foray into providing consumers with vehicle-purchasing information. Right now that consists primarily of new and used-car reviews. The obvious next step would be for Amazon to list inventory and connect buyers with local dealers that have the vehicle they want.
Amazon Garage makes recommendations for replacement and aftermarket parts based on the vehicle information users store in their accounts. Amazon claims that tens of millions of consumers have already virtually parked their vehicles in that garage. Online parts and accessories market is expected to exceed $16 billion in 2020, with $10.3 billion of purchases made through Amazon.
Amazon Prime can also dominate the automotive industry by offering auto insurance through Amazon Pay, free electric vehicle charging (through Rivian's charging network), Amazon mobile vehicle servicing or battery swaps, and eventually an Amazon Basics style branded EV. All of this will skyrocket the stock price of Amazon (AMZN) to $12,000.... however, Amazon is known to play the slow game.

#Amazon​ #EV​ #AMZN​
~Amazon EV Vehicle Sales Will Skyrocket Stock Price To $12,000 | $AMZN~
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