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Liu Kang

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EVs are bubbling something serious. I'd say best is ride the pumps but I don't get how that can be sustainable long term. Valuations are higher than actual car manufacturers already selling more EVs monthly than they do yearly lol.

RNO sold 100k Zoés in Europe alone in 2020 (doubled what they did in 2019) and it's the highest selling EV (in Europe at least). Granted it's not a luxury car but it still a $30k+ car.

And you're telling me companies with 0 factories, less than 1K cars sold and negative income are worth 10 times more ? So how much will they be valued when they will actually be rolling at cruising speed and profitable ? In the 10s of trillions ? :picard:

Dont get me wrong, I'm in TSLA and I'd like my FSR to do 10x but realistically those current valuations are not rational.
 

Liu Kang

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JMIA still dumping hard :damn: It may touch 13 and if it does so it'll have lost 25% in 3 days. I'm questionning whether I'm keeping my buy at 13.2 or not. Might be safer to wait for a rebound before loading up again:patrice:


Anybody knows what happened to CLOV ? I'm looking at the charts and their earnings was good but it still dumped :dwillhuh: I'm wondering if it would not be a good point of re-entry right now as it's almost at all time low (6.31 last March):jbhmm:
 

lib123

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I agree near-term but long-term, but how you think Ford/GM gonna make it in a post clean energy world? You honestly think legacy companies that have only ever focused on the combustion engine can all of a sudden switch gears and become battery and tech companies at scale easily? :usure:

I expect to see hella partnerships between legacy automakers (Ford/GM/Volkswagen etc.) and the likes of Lucid/Tesla/Rivian, etc. Without it, those legacy companies going out like Blockbuster refusing to partner with Netflix.



Yes, they can lol.
 

Liu Kang

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Today is red for me. Only TSLA, MTTR and AAPL keeping my portfolio from being blood red.
 

Serious

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JMIA still dumping hard :damn: It may touch 13 and if it does so it'll have lost 25% in 3 days. I'm questionning whether I'm keeping my buy at 13.2 or not. Might be safer to wait for a rebound before loading up again:patrice:


Anybody knows what happened to CLOV ? I'm looking at the charts and their earnings was good but it still dumped :dwillhuh: I'm wondering if it would not be a good point of re-entry right now as it's almost at all time low (6.31 last March):jbhmm:
I mean they’re doing aight(clov) if you listen to their conference calls but still not profitable.


As far as jmia that’s long long term play. Just depends on your time horizon.


I’m pivoting to pltr.
 
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