"It is yet more evidence that Americans simply aren't interested in EVs despite the enthusiasticboosterism of left-wing government officials who don't have to worry about sales figures."
"Ford’s EV dealer requirements have caused a bit of drama sincethey were announced in late 2022. WithEVsalesslowing, some dealers are getting antsy at the thought of sinking thousands or even millions of dollars into a lukewarm EV market. Still, 2,000 dealers bought into the program. Now, Electrekreports, hundreds of those dealers are pulling out altogether."
Ford and GM are important as well as recent statements By Key auto executives in Japan Korea and EU. The real "tell" is going to be Tesla's info on units sold, Revenue, Profit change, will be a key to understanding Lynas stock price future.
It all is simple Revenue is Volume times Price. You need both right now to avoid a severe SP decline in the near future. ( 6 ~ 24 months)
I know that GM and ford are late comers. But to not pay attention when GM takes 10B out of their program. 25% of ford delers sign up the with draw from fords RV program. Is bad investing.
LYC Price at posting:
$6.62 Sentiment: Sell Disclosure: Not Held
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