$PSNY - RC -
Added 2023-11-10 12:40:10 +0000 UTCWe get fixated on $NIO but sometimes forget to look at other EV companies in similar growth stages, $PSNY is one of them.
$PSNY From a high of $16 to a low now of $2
$LCID from a high of $65 to $3.5 now
$RIVN from a high of $180 to $15 now
$FSR from a high of $32 to $3 now.
$XPEV from a high of $74 to $15 now
$NIO from a high of $69 to $7 now.
$TSLA went through these large climbs and declines before they made substantial profits and really it comes down to mass production and being able to produce and deliver vehicles.
The company that can execute that will strive.....$BYD and $LI being perfect examples of that.
It is a high risk sector an should be treated as such.
