2 year update to this EV sector.
Many saw this coming 2 years ago, during the mania bubble.
Competition.
1000 P/E ratios.
EV stocks were the new .com stocks in 2021.
2 year remind:
-Lordstown. 60 cents. Total loss.
-Lucid. $7. 75% losses for typical bagholder.
-Nikola. $1.50. Total loss.
-Nio. $10. Down 80% from peak.
-Rivian. $13. Total loss.
-Mullen. 10 cents. Total loss.
-goev/Canoo. 62 cents. Total loss.
Competition.
1000 P/E ratios.
EV stocks were the new .com stocks in 2021.
2 year remind:
-Lordstown. 60 cents. Total loss.
-Lucid. $7. 75% losses for typical bagholder.
-Nikola. $1.50. Total loss.
-Nio. $10. Down 80% from peak.
-Rivian. $13. Total loss.
-Mullen. 10 cents. Total loss.
-goev/Canoo. 62 cents. Total loss.
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