Sorry to keep doing victory laps on this, but my Tesla short call is the gift that keeps on giving. Every single thing about this chart screamed “death”, and I think it’s got way, way, WAY farther to fall. So……yer welcome.
Last week, Rivian did some kind of product launch which had people jizzing all over the broad side of a barn. The exultation was, shall we say, short-lived. The monstrous volume has yielded nothing more than a bunch more people sitting on capital losses.
Keep in mind, these are the superstars of electric cars. Everyone else is way, way worse.
