PLS 2.81% $3.11 pilbara minerals limited

Good News & Bad News, page-41115

  1. 2,354 Posts.
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    Resale value?

    Although we lag other countries, people are just starting to wake up to this.
    All recent article from Australian publishers.


    https://hotcopper.com.au/data/attachments/6062/6062976-2ed8aa50dbaa5a8e561d17bb1446605d.jpg

    https://www.drive.com.au/caradvice/used-electric-car-prices-fall-after-two-years-data-finds/



    https://hotcopper.com.au/data/attachments/6062/6062991-81b4084d9a6a3536ce849fbc9308f283.jpg



    https://premium.goauto.com.au/ev-retained-value-losses-confirmed/



    And, heaven forbid, if we dare venture overseas...

    "bad news" is in this article's title, so absolutely relevant for this thread?

    https://hotcopper.com.au/data/attachments/6063/6063001-20775a2e3f81ef414ba4c0af1bab179d.jpg

    https://finance.yahoo.com/news/polestar-ceo-identified-major-flaw-115308841.html


    Rental car and leasing companies are rejecting EVs because of the terrible resale value, which is completely at odds with how their businesses operate over a 3-4 year cycles.


    https://hotcopper.com.au/data/attachments/6063/6063012-0cb72ec6b622263684cc9ba4b542d1b2.jpg

    And what about Hertz?

    https://hotcopper.com.au/data/attachments/6063/6063030-0013a1473db71a8713a41ed6d2af4ebe.jpg

    https://edition.cnn.com/2024/03/18/business/hertz-ceo-departure-ev/index.html

    And so on.

    Bad news for EVs = bad news for lithium stocks.
    Just as well we have a Good News and Bad News thread to post in

    Quod Erat Demonstrandum
    Last edited by DVEous: 27/03/24
 
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