🥤Ev stocks to the 🚀 🌚

The current stock market is giving a positive vibe and high valuation to the electric vehicle stocks regardless they have profit or not. $Tesla(TSLA.US)$ is currently the most valuable companies along with other Ev startups $Lucid Group(LCID.US)$ $NIO Inc(NIO.US)$ $XPeng(XPEV.US)$ are worth billions despite little production.

Even the other huge manufacturers $General Motors(GM.US)$ $Ford Motor(F.US)$ $Honda Motor(HMC.US)$ are even trading at a lower PE ratio. EV stocks are currently over valued than traditional automakers as we can conclude that the Ev supply is constrained. In long term, these advantages will erode and Ev makers will face same challenges as these old automakers. 🍀