....first Northvolt goes bankrupt
....then BYD cuts supplier cost
....Trump inner circle expected to remove $7500 EV rebate
....Trump levies tariffs on Canada, Mexico and China
....Nissan could have 12-15 months to survive
....China poised to retaliate against US via supply chain restriction involving critical minerals
....things aren't getting any better for EV/Lithium
....you ignored my warnings since the start of this thread at your peril. In my judgment, lithium stocks will have 40-50% declines ahead, some even more.
...the animal spirit over Lithium is gone. Stocks get bid in the first hour then crumbled thereafter.
...the biggest mistake lithium hodlers made was blaming their woes on the shorters. Just like all the denialists blaming AFR for negative coverage of their stocks i.e blaming the messenger. If AFR has something bad to say about your stock or the shorters find good reason to short your stock, you should be reviewing the forward outlook of your stock, take heed and take stock, rather than putting your head into the ground like an ostrich.
...denialists must learn the hard way, because they rather not settle for 2-baggers after losing 10-bags.
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Thousands of new cars are rusting in a parking lot in Germany, no one is buying them anymore. In the German city of Essen, about 6,000 new cars have filled a parking lot due to high prices and problems with the infrastructure for electric cars.
Among the abandoned cars are models of German auto brands Volkswagen and Audi. According to the employees of the site, the cars have been idle for more than six months.
“I have never encountered anything like this before, although I have been working here for more than 10 years. Cars are only brought in, but almost no one drives them. People are not ready to pay such money for an electric car, and the development of charging stations and limited driving range scare off buyers," said one of the workers.
