$Tesla (TSLA.US)$$NIO Inc (NIO.US)$$XPeng (XPEV.US)$$Li Auto...
$Tesla(TSLA.US$ $NIO Inc(NIO.US$ $XPeng(XPEV.US$ $Li Auto(LI.US$ $BYD COMPANY(01211.HK$ China accounts for 50% of global EV sales. And the market share now for EV is only 11%. There is alot of room to grow with the government stimulus. But its so puzzling to see people dumping the EV stocks because of Citibank says first 2 week july sales Not good.
I am holding my Nio EV stocks long term but this is very puzzling and hard to watch.
https://www.businesstimes.com.sg/global-enterprise/global-electric-vehicle-sales-up-109-in-2021-with-half-sold-in-china-canalys
I am holding my Nio EV stocks long term but this is very puzzling and hard to watch.
https://www.businesstimes.com.sg/global-enterprise/global-electric-vehicle-sales-up-109-in-2021-with-half-sold-in-china-canalys
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TraderGoat : Nio is ok. Tesla is ok. LI is definitely not okay at close to 40 B market cap.
TraderGoat : In fact I am surprised people are dumping Nio xpev BYD and tesla, but LI can stay close to ATH. Crazy times we are in
Brooks Falls TraderGoat: Trash li auto is manipulated.
103027647 : li auto going issue 2 billkon share so pump up and dump later