$Albemarle(ALB.US)$ is the latest victim of a weak lithium pricing environment. Despite higher volumes leading to a 10.5% rise in net sales to US$2.31 billion, its net income dropped 66.3% YoY to US$302.5 million.
The company also trimmed its net sales forecast for the year from US$10.4 billion to US$11.5 billion to a range of US$9.5 billion to US$9.8 billion.
Most of that has come as EV sales growth in China has trailed lit...

$Tesla(TSLA.US)$ It's all wishful fomo sentiment. The Federal Reserve didn't say it would never raise interest rates, or start cutting interest rates. They all look good at future data. The market is starting to wishful thinking again. This kind of incident has happened more than once before

$Advanced Micro Devices(AMD.US)$ the FOMO is strong

$Tesla(TSLA.US)$
Profit margin is less than 8%
Many traditional (sunset) industries can achieve 8-10%
The consequences of Tesla's price cut are really drastic. However, sales are currently sluggish again. If we want to further stimulate demand, the profit margin will sooner or later become 0 ️
Conversely, as interest rates on 10-year treasury bonds soared to 5%, so did financing costs. If a company wants to borrow less than 10% of the money, it is very difficult.
Whether it's Tesla or many traditional industries, as long as your profit margin is less than 10%, your ROI is zero, or negative. Instead of investing in production, it is better to take money directly to finance usury loans.
For companies with profit margins of only 5% or less, it is better to just lay flat and use all the cash to buy treasury bonds to pay interest. Otherwise, the more you pay, the more you lose.
If this interest rate continues, companies will have to cut down departments with profit margins below 10% and cut costs. However, if the cost of raw materials (crude oil) remains high and the price of the product cannot be passed on to consumers, then it is only through large-scale layoffs to cut costs and survive with a broken arm.
This is the logic behind the layoffs of major technology companies last year; anyone who doesn't make money will leave. Currently, traditional industries are also facing the same problem; those with profit margins below 10% are all out.
What is different from the technology industry is that the traditional industry has absorbed a large amount of employment, and layoffs will trigger a large amount of unemployment, leading to a vicious cycle.
Therefore, once the unemployment rate reaches 4%, the Fed should start cutting interest rates. Otherwise, the unemployment rate will continue to soar...

The world's biggest lithium company Albemarle $Albemarle(ALB.US)$ could be due for a rally as it's in 'oversold' territory.
In the past 12 months, the stock crossed below this level, 7 times and then rose an average of 13% in the next 20 days (Bloomberg).
I think its revenue could likely hit a record this year, as EV makers that its sells to, such as Ford$Ford Motor(F.US)$, Merc $MERCEDES-BENZ GROUP AG(MBGAF.US)$, Tesla ...

Thoughts on whether solar stocks (SEDG, ENPH, etc) can rebound within the next year? They took another huge hit post-market after it seemed like the bottom was in during earlier this month. Full disclosure: bagholding ENPH after a cash secured put gone wrong.$SolarEdge Technologies(SEDG.US)$$Enphase Energy(ENPH.US)$