It wasn’t until Tesla produces Model 3 in volume making small profits that stock took off. Tesla was under 100 back in 2019 and they were producing S,X and 3 in volume. There is plenty of time to FOMO. Personally I wouldn’t invest heavily in start up EVs unless they have software or gigapresses. Until then, maybe move in and out when they are oversold assuming they have potential. We will see after the first batch of demand dries out and their scaling solution. Currently all EV are manufactured just like legacy autos except for Tesla.$Tesla Motors(TSLA)$ $Rivian Automotive, Inc.(RIVN)$ $Lucid Group Inc(LCID)$ $NIO Inc.(NIO)$ $Sono Group N.V.(SEV)$
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