Tesla and its wannabes

$Tesla Motors(TSLA)$  's latest delivery results have exceeded market expectations and sent its stock price rallying. Elon Musk believes that the EV market leader will be transformed into an artificial intelligence colossus worth a staggering $30 trillion as soon as Tesla completes its pivot from selling EVs first and foremost to operating a lucrative fleet of robo-taxis and humanoid robots, so that anyone still holding a short position will be obliterated. Ouch! I certainly would not want to bet against Tesla.

The Chinese technology sector has appeared to turn the corner with the regulatory crackdown behind it and supportive government policies being rolled out to put the economy on the right footing for recovery. Hence, a rebounce may be in sight for the Chinese EV sector. In fact, I believe the current stock prices of the Chinese tech stocks $NIO-SW(09866)$ $XPENG-W(09868)$ , $LI AUTO-W(02015)$  and $XIAOMI-W(01810)$  are not doing justice to their fundamentals and may present opportunities to participate in their long-term growth.

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  • YueShan
    ·07-16
    Good⭐️⭐️⭐️
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