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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Julius Wong who wrote (165433)11/25/2020 10:34:23 AM
From: TobagoJack  Respond to of 220280
 
Re <<platinum>>

Thanks much.

In the meantime I note below, and given that I had only claimed profit from NIO a few days ago Message 33052108 am wavering, hesitant, but curious as to what the investigation might be all about, and the fall did not make a dent from my exit price, so must watch & wait, and see

zerohedge.com

EV Shares Dump After Chinese Officials Order Probes

Shares of EV companies are tumbling Wednesday morning following reports from China that state planners are opening probes into new energy vehicle projects in the country, reported Reuters.

Shares of Chinese electric vehicle maker Nio, trading on the Nasdaq, are down more than -6.5%.



Chinese electric vehicle manufacturer Li Auto, with shares trading on Nasdaq, slumped nearly 7%.



Xpeng or Xiaopeng Motors saw shares on NYSE plunge 8%.



Chinese battery and electric vehicle manufacturer Kandi Technologies saw shares on Nasdaq tumble 6%.



US EV companies also slid on the news.

Lordstown Motors fell 3%.



Tesla was flat.



Shares of Nikola Corporation dropped 15%.



Here's how FinTwit reacted to the news:

Some believe it's time to buy the dip.