What is the significance of the electrification strategy mentioned by the CEO?
BMW CEO Says Shares Heading for More Reasonable Valuation
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The transcript discusses BMW's factory operations, highlighting no stoppages due to effective supplier management. It analyzes BMW's stock performance, noting underperformance compared to peers like Volkswagen and Daimler. The CEO mentions recent share price increases and emphasizes the importance of starting points in comparisons. BMW's electrification strategy is outlined, with plans for twelve fully electric vehicles by 2023, clarifying the company's long-term strategy to investors.
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What does the CEO believe is becoming clearer to investors regarding the company's long-term strategy?
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