it’s hard being a contrarian against evangelicals.
i think it’s always wise to hear both sides of a story before investing. It does appear that the original hype over EV is receding. I believe Hertz is getting rid of 100,000 because it no longer makes economic sense. There seems many reasons why the current batch of EV are best avoided.
does this mean that EV’s won’t play a role in the future? Of course not, but the rush to cease making ICE cars appears premature.
as for investing. I don’t own any Li stocks. But why rush in when there is such uncertainty. The SP could fall to $1.00. I would rather buy in after a 30% rally after better visibility than watch a 70% decline now, hoping I have miraculously guessed the bottom
What's behind the drastic downturn in nickel and lithium prices, page-69
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