I think there is too much supply issues currently. For example Tesla orders are around 12 month wait in Australia and they have demand to sell all they can produce. Similar story for other EV producers.
Imho demand won't reduce too much. A wider recession will just be an opportunity to buy when the share price is oversold. It may also limit funding for competitors to get bootstrapped production.
LYC Price at posting:
$9.50 Sentiment: Buy Disclosure: Held
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