I agree. We are due for a broader mkt event which could delay things even further which means dilution to pay to keep it running. Li prices will remain subdued imo opinion until Nth America allows CATL and Chinese autos into the USA. Its happening with the EU and Brazil. US auto sales outside of the US will literally be close to zero soon so they might just have to accept they are too far behind China. Even Tesla was out sold by BYD by to 1 in China in January. Tesla sales cratering in EU too. It’s interesting that Elon is now considering a stake in NIssan and taking over their factories in the US. I expect some consolidation by F or GM in some way
Who knows what Trump will do. He could say stuff UAW cause he doesnt need them to get elected this time.
INR Price at posting:
16.0¢ Sentiment: Buy Disclosure: Held
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