Why are EV battery stocks so low right now?
The main ones are chpt, evgo, blnk, and wbx.
All of these stocks are basically at all time lows in a bull market centered around tech (including ev’s)
Now it’s true that many of these companies are fundamentally not good companies in the sense that they don’t make much money, but that hasn’t stopped other tech stocks from rising significantly.
Any thoughts on this?
$Tesla(TSLA.US$ $NIO Inc(NIO.US$ $Li Auto(LI.US$ $XPeng(XPEV.US$
All of these stocks are basically at all time lows in a bull market centered around tech (including ev’s)
Now it’s true that many of these companies are fundamentally not good companies in the sense that they don’t make much money, but that hasn’t stopped other tech stocks from rising significantly.
Any thoughts on this?
$Tesla(TSLA.US$ $NIO Inc(NIO.US$ $Li Auto(LI.US$ $XPeng(XPEV.US$
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Dwight K Schrute : I think xpeng is gonna be crazy super soon I think there cars are gonna be all over America Chinese ev companies have the best access to materials and in my opinion they make the best and fastest improvements when it comes to technology
Dwight K Schrute : I’m not sure about Nio yet it might just be riding with xpeng but I hear that Mercedes’ might announce a deal with Nio so I would really watch them but the 700 million dollar stake Volkswagen has in xpeng is crazy and makes the stock a very good buy