Are the EV stocks still investible?
@pekss：
Despite having lost over 99% of its value over the past year, $Faraday Future Intelligent Electric Inc.(FFIE)$ continues to attempt its dead cat bounces lately, as the traders in the meme stock bet on short-squeezing of the struggling electric vehicle maker and engage in tug-of-war with the fundamentalists. I believe that any recovery in stock prices, at times over 70% intraday fluctuations from trough to peak, is going to be short-lived for a company that is plagued by weak demands and deteriorating balance sheet. In fact, Faraday Future's promise to turnaround the company, attain profitability and defend shareholder value has been fruitless so far, and its sustainability even as a going concern is a big