So what TH believes trumps reality now? The facts are that EV sales worldwide are trending DOWN and will continue that way. Why does anyone thing EV makers are cutting the price of their cars? Cause they suddenly don’t like money? Sales are dropping so they are combating that with price reductions. IXR trying to hang it’s hat on these bazillions of EVs that will be made is fantasy at the moment. The cold hard facts paint a different picture of the EV sales trend. If supply is meeting demand now and sales continue to drop , then the supply is going to meet demand and then some.
IXR Price at posting:
1.9¢ Sentiment: Hold Disclosure: Held
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