A little more then half a century ago, when I first began investing
in the stock market, an older relative said to me that an investing rule
he always followed was that you regularly needed to try and look out over
the horizon and try to see if there were any storm clouds developing with
each of your investments. A rule that has served me well.
Two such storm clouds are developing for us stake holders here.
As much as I hate to see it happen it is increasingly possible that
Republicans will win the Presidency next year in the U.S. Should that happen
they will deal a number of serious body blows to electric car sales in the U.S.
These will be body punches and NOT knockout punches to the chin.
The second is that overall negative conditions in China remain the same as
they are currently experiencing with consumer demand declining or that condition
gets worse. A much harder body punch for us.
Obviously both of those situations could have a substantial impact on overall ev demand.
Again, not knockout punches but they could make one of our eyes swell up pretty bad.
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