The world wide 2019 electric vehicle market was about $160 billion. Telsa's current market cap, nearly $300 billion, and they haven't even made one full year of profits. Markets are forward looking and Musks knows how to sell the future. LYC management do a terrible job at marketing the future prospects of REE.
FVAC versus LYC, page-15
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Last
$6.01 |
Change
0.060(1.01%) |
Mkt cap ! $5.617B | |||
| Open | High | Low | Value | Volume |
| $6.04 | $6.04 | $5.96 | $7.996M | 1.323M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 5043 | $6.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.02 | 24325 | 45 |
View Market Depth
| Last trade - 13.46pm 28/06/2024 (20 minute delay) ? |
| LYC (ASX) Chart |