EV/Lithium, page-304

...Tesla, the poster child for the EV sector, had front-run its potential, and mean reversion is in progress. Its stock continues to regress, despite EV still growing albeit at lower pace.

...Even if EV growth does decelerate into negative growth, EV stock reversion is likely to continue because their stock price multiples are still way over the top.

...the same applies to lithium miners trading at price multiples of >40x/

2.5-year downtrend for Tesla $TSLA on the weekly chart, nothing but lower highs

https://x.com/Barchart/status/1788291014500737270