$XPeng Inc.(XPEV)$ $NIO Inc.(NIO)$ $Li Auto(LI)$ The 10 year Treasury yield is up 10% in 5days so the market is taking it out on growth and tech stocks. Someone remind the market that NIO, LI, BYD, XPEV, and a chunk of $tsla are not based on issues with our currency. In fact, they always site the ability to borrow and grow being issues as inflation rises, but they never discuss the benefits of improving exchange rates for foreign firms.
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