Have the EV stocks bottomed?
After a year of brutal price wars first ignited by $Tesla Motors(TSLA)$
The ceasefire will be good news for the EV market that has been battered by the price wars as the EV players attempted to undercut one another's selling price in order to snatch or defend their market shares, leading to only lose-lose for everyone. I hope that this will be the start of a reversal of fortune for the EV makers and help them to weather the softening EV market demands by improving their margins.
Hopefully, this will help to improve the profitability for Tesla and the Chinese EV makers especially the Chinese EV startup trio $NIO-SW(09866)$
@TigerStars @TigerEvents @TigerWire @CaptainTiger @VideoLounge @MillionaireTiger
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