Bottom may be close, who knows, NIO is up, most of the time there is some tandem in the EV trading, not today apparently. I also bought call options on XPEV 2 days ago, hence not too pleased. The so called explanation on sell off is chip shortage and valuation, but really now, that’s no epiphany, that’s been out there for weeks/months. IMO, XPEV has had nothing but good news lately, I just think the EVs are no longer in fashion.
Anyway Good luck.
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