[SnS_12]

The EV bubble will be one of the biggest when it bursts and as usual retail investors are the ones who will loose.

From the start of the pandemic so many first time retail investors have entered the market and are investing in stocks/crypto they have no understanding about. The FOMO (Fear of missing out) syndrome is leading people to go crazy with their money behind companies with insane valuations and PE ratio that even investor god’s don’t understand and the logic is its a growth company and you don’t look at PE ratio as the valuation is based on future earning prospects..

This is what Mr. Burry has to say about EV stocks and especially Tesla and Musk who conducts Twitter polls and takes small investors for a wild ride...