Some day we are going to crash hard from the endless debt obligations.. But that crash isn't in the near/mid term
Some day we are going to crash hard from the endless debt obligations.. But that crash isn't in the near/mid term
I picked up another 30 shares of CCIV(Lucid Motors) today. I'm betting big on EV's long term.
I picked up another 30 shares of CCIV(Lucid Motors) today. I'm betting big on EV's long term.
Not sure I'm bullish on the EV change yet, but that new Ford pickup is starting to make me a believer
I said this in another forum, but I don't think electric trucks will take off like cars will. I just don't see the customer for a truck ready to make the jump to electric; especially since you don't buy a truck for its fuel efficiency like you would a car.
I get that, but there are a whole lot of nice trucks rolling round that are used to get groceries.
It's surprising how much the pickup has changed since I grew up in one. Now we have an electric that has a good range, a trunk, and can power my home?
Whar the truck nuts?
Maybe check out Arrival Group also. Just agreed to make 10k vehicles for UPS.I've been eyeing some EV's as well. I've been looking at QS and WKHS as possible long term investments. Although, they are both in startup phase, I feel good about long term outlooks. I'll have to add CCIV to my watchlist.
I've been eyeing some EV's as well. I've been looking at QS and WKHS as possible long term investments. Although, they are both in startup phase, I feel good about long term outlooks. I'll have to add CCIV to my watchlist.
I agree that there are people who have trucks that don't actually use them for their intended purpose. To expand on my originally comment, I don't think they will sell in an impactful way as electric cars will due to the difference in consumers of a car vs truck.
I just started adding to mine. I'm down ~20%, but I figure I'll steadily add 5-10 shares monthly and see how I'm sitting EOY/EOY22. GLTU!My $2000 investment into QS is currently $1020. I haven't sold it. But it's time to start adding to it I think to average it down.
$MRVL is one of the plays I've had for a few years which I like for the next 10-15. 5G supplier and also supplies components to support the 'self driving' revolution. Sold out on a pop around the first of the year and then bought back in through their $IPHI purchase. The shares I have now are for the long haul.If I were to bet on EV's, I would be betting on suppliers, not manufacturers. Building an automobile is an incredibly difficult and capital intensive task. Technical advantages are expensive to come by and very short lived. History is littered with a plethora of failed car companies. Tesla has had a huge head start and an endless supply of cash and still has never made a dime building cars. Now think about all of it's competitors, especially the lesser capitalized ones. There are countless other places to put one's money that would have a higher risk/reward ratio.