Disruptive:
Tesla, today, May 20, 2022: down another 10%, down $68; trading at $640.
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All my posts are done quickly: there will be content and typographical errors. If anything on any of my posts is important to you, go to the source. If/when I find typographical / content errors, I will correct them.
Other EVs:
- RIVN: down 7%; trading at $28. Closed at $29.
- RIDE (Lordstown): oh-oh; down 12%; trading at $2. Closed at $2.
- NKLA (Nikola): down 6%; trading at $5.76. Closed at $6.
- NIO: down 5%; trading at $16. Closed at $16.
- GOED (Canoo): down 10%; trading at $3. Closed at $1.50.
- GM: down 4%; trading at $35. P/E - 5.78. Closed at $35.
- F: down 5%; trading at $12. P/E - 4.30. Closed at $12.50.
If the recession lasts eighteen to twenty-four months, a few of these names may be history.
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