WKHS - Cars are scarce in the U.S. now - multi-year boom for Tesla Fisker Lucid and Arrival later?

The shortage in the U.S. auto industry continues with August inventory down ~58k units from the end of July to 1.06M units. Bank of America notes that inventory level works out to 20 days supply of autos, which is roughly 63% below the 5-year average of 55 days supply Analyst John Murphy says August marks the seventh consecutive month of sequential decline in absolute units of inventory. Supply is now less than half the level in August 2020 and only 30% of the pre-COVID level in August of 2019 "It is unclear how much lower inventory can go from current levels, especially now that sales are also coming under pressure. That said, the constrained inventory environment may perversely be a positive dynamic for the industry by depressing sales lower for longer and creating true pent-up demand that would be more naturally released over a multi-year cyclical recovery." U.S. auto sales

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Cars are scarce in the U.S. now - multi-year boom for Tesla, Fisker, Lucid and Arrival later?