@DCDOWORK They need to change the narrative. Car companies aren’t exciting businesses that trade at high multiples. But chips, swap moat, licensing their software does. Shift focus to that, get some sales there and the re rating will be explosive.
@Jake__Wujastyk Once money rotates out of mag 7 and semis, small caps, healthcare, defensives will be the big beneficiaries. Once 10Y moves closer to 4 and oil gets back to 75-80 is my guess
@nio_uk It’s all about expectations and seasonality. It’s not black and white oh they had a net loss so Q1 wasn’t good. They beat on margins, still had improvement with 40k less cars delivered, beat on revenue, beat on eps, cash went up. Really a great quarter.