Electric and Offroad - Part Deux
How fast can a nascent market get crowded? We see that happening already with many startups developing electric motocrossers. Agreed that this is a promising format but overcrowding always means some will sink.
How fast can a nascent market get crowded? We see that happening already with many startups developing electric motocrossers. Agreed that this is a promising format but overcrowding always means some will sink.
At one time, SPACs and listing on Nasdaq was a great eventual target that urban electric mobility companies worked towards. The tide has changed and no one seems to be doing well. In the second part of this series, we try to decipher why E2W stocks are sinking?