It was apparently last year but having such little history, in a nascent market, the data points couldn't be trusted, yet. However I took a large position in Xpev over NIO for a few reasons.
1) They are not competitors, from a price point perspective. Xpev makes a car by my estimate 90% as good as NIOs and 80% as good as Tesla, but they sell for 50-60% of the...
I'm long tesla but there's a lot of macro headwinds as well as adversarial players doing what they can to sabotage the company and stock. This is me thinking out loud on a realistic play going into 2022.
Tesla forming an ascending triangle on the daily. Bit of a confusing chart as it's mostly a bullish formation but also a trend continuation patter, and pattern is forming off a long sell off period.
Critically the break out area looks to be forming around earnings, though I'm not sure what that's a factor. They've already released delivery numbers and so we can...
