Anyone buying tesla, nio, rivan?
#1

tesla, 943.90 USD
nio, 27.35 USD
rivan  64.50
Reply
#2

Lucid
Reply
#3

forget them all.
all except tesla make losses.
overvalued,
competition means most will not survive except tesla.

as for tesla interest rate rising means its valuation has to drop since stock price anticipate future earnings.

its earnings is to justify stock price is 10-15 yrs out
a 1% increase in interest rate depress stock price by 15-20%

that is pure maths.

but even without the rate hike tesla current valuation is based on it becoming size of apple eventually.
this may or may not come true but is a high bar to clear given big companies lke volkwagon and toyota are entering the space.

i just dont see EV stocks are great buys now. even if tesla is destined to be a great company it is baked in. the stock price. if something goes wrong and competitor start eating its lunch it can go down fast.

An old time stock like Micron will see big surge in demand and limited competition as its space has only 2 other companies and the stock price is low setting a low bar to clear. it is unexciting but has better risk to reward profile for investing.

intel has a hidden EV related gem called mobile eye ..this one holds technology not easily developed compared to rest of ev components. this is perhaps the best bet on EV.

I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
[+] 1 user Likes sgbuffett's post
Reply


Forum Jump:


Users browsing this thread: 1 Guest(s)