I would say hype and a serious re-rate beyond 50c is well earned...

I would say hype and a serious re-rate beyond 50c is well earned IF they their factory is officially live with semi-automated production by late November. That would make it the fastest I have ever seen an EV battery plant go from permit granting to starting to churn out battery cells, even at modest quantities.

Either ways I have a hard time seeing any serious investors doing anything but holding or buying more in the coming months, especially leading up to the IM3 listing which would truly put it in the headspace of US retail investors. The 40c and 50c options probably won't impact the momentum much at this point.

GLTAH!