Nio=Samsung, Xpeng+Li auto=Huawei
Trouble is I find it difficult to trust Chinese companies, hence the comparison. I could still argue that Nio = Huawei and Xpeng = Xiomi etc. Nobody wants to own a phone from a Chinese manufacturer. I believe the same will be similar with their cars.
There are many people especially money savers are buying Chinese phone, Particularly Xiaomi across the world, Asia, Europe America, Africa.
In the UK for instance, just look at HUKD and see how the temperature are rising enormously for any deal of this phone which indicate people are paying a close attention to it.
It used to be Huawei but since there is a security concern, less people are buying Huawei.
To the opening poster’s question, there’s talk of a potentially significant slide in TSLA’s stock price after it’s inclusion in the S&P 500 late Friday/early Monday. It may not amount to a crash nor happen at all but, if there is a correction of sorts, I wonder if TSLA could drag the wider EV industry down with it 
Those who think the EV stock would crash ???
A good Reading:
President-Elect Joe Biden Will Be An Asset For EVs And Clean Energy
“Biden has already made it clear that he’s a fan of electric cars and he wants to move back to tighter emissions requirements. In addition, he has plans to extend and increase incentives for EV buyers. Moreover, the upcoming president has plans to build out charging infrastructure to make EV ownership more viable.”
Biden’s Charging Plan Could Sell 25 Million EVs
https://www.bloomberg.com/news/articles/2020-12-02/joe-biden-plan-to-fight-climate-change-could-sell-25-million-electric-cars
@adindas yes that is some good news but has the EV stocks gone too high for a reality that is yet to happen??
It’s all about fair value of EV stocks
Not the tech ev stocks no, the space they will have dominated in a decade is enormous
One happened down my road yesterday, two Tesla’s crashed into each other down Apple Avenue.
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with all first world governments practically pushing for the auto industry to go clean and electric, there is no worry about policy getting in the way.
for a lot of us its a worry that the stocks themselves are currently overpriced on the basis of their future potential which ignores their limitations in reality right now. market saturation will eventually kick in as well and then prices will have to adjust to fair valuations. but we have yet to see what will become the norm for the EV sector, like how the beverage sector and the utility sectors all have their own established norms for pricing and valuation.
interesting (hopefully profitable) times lay ahead.
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