So this was posted and pinned after market today.
Interesting things I found…
22k volume on the weekly $61c and 15k of that was in the first hour of today. It tripled from $0.05 to $0.15 then faded through the day
P&D? Coincidence? Maybe I need some nicotine and a tinfoil hat.
Someone trying to capitalize on the weed attention? Curious to see what tomorrow brings
https://preview.redd.it/fb7qt6tuvh7g1.jpeg?width=1170&format=pjpg&auto=webp&s=432f3770d1d441cad67fce945c57d654f36b2f9d
EV enthusiasts pop these numbers out for every make and model that comes along, but the reality is that 10k unit sales per year is not a pathway to profitability. They need to sell ten times as many per year to offset the R&D of battery infrastructure, but those days don't appear to be on the horizon.
EVs are fabulous economy cars. Trucks are not economy vehicles. It's just a bad fit.
Shouldn't have sold my SOXS and TECs in one of my accounts last week. All in on another. Shorted tesla today. With that, probably ball and get that d rating Ive always wanted on onlyfans
GM has a better product at the moment.
Solid state batteries may make all the R&D every EV carmaker is doing on batteries obsolete very soon.
Politics are not on EVs side at the moment.
I think Ford focusing on hybrids and gas vehicles right now makes sense, but they need to be prepared to pivot very soon as politics and advancements in battery technology make EVs attractive again in probably the next 2 to 4 years.
So at the end of the day, I hope Ford isn't giving up on EVs entirely as they are part of a future product portfolio needed for success imo.