Will you invest in speculative stocks??
I'm sure most of the Tiger friends are familiar with various meme stocks. $Faraday Future Intelligent Electric Inc.(FFIE)$
Furthermore, the rise of various EV companies has resulted in price war to fight for larger market share. Furthermore, the competition in the EV market has intensified as numerous traditional car markers (Mercedes-Benz, BMW etc) are also investing and building more EV units. To add on to the problem, its cash balance is low and it might be the next potential EV company to go bankrupt.
The outlook of EV industry seems bleak, with the development of various new disruptive technologies like hydrogen-based combustion engines etc that threaten to take away market share away from the EV players. $XPeng Inc.(XPEV)$
What do you think? Let me know your thoughts!
@Daily_Discussion @CaptainTiger @MillionaireTiger @TigerEvents @TigerStars
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