A warning sign for new hot sectors like the EV sector now is when Market Caps get way out of whack for the potential size of the industry.
Example when Weed Stock sector got really hot so many companies had MC's over 10 -20 Billion. In the end stocks in that sector dropped 90%.
Conversation
Like said about $ELY Callaway years ago. Something like, "Everyone in the US would have to buy 3 sets of golf clubs to generate the revenue to justify it's stock price..." or something like that.
2
When you refer to the ev sector and a possible bubble with big drops like 90%, does that pertain to smaller company's in the ev sector or also affect big companies such as tsla, nio?




