Sell: AONE
Price: $9.00
Gain/Loss: -10%
As mentioned in my previous post, we don't think the lithium-ion battery industry will see profit in the near future. To reiterate, batteries are still too expensive. A traditional, gasoline powered, small-sized sedan is significantly cheaper than its electric counterpart. Presently, the car industry cannot support this new technology, it will have to wait at least a few years.
Sources:
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