Stock News, US News

Not Evergrand will collapse the global economy…

… But TSLA sure will.

It's not Evergrand or housing sector at all that's going to crash the market. For all the previous crashes and bubbles burst where unique and different.

There is only one bubble huge enough to bring down the whole global economy. AND IT IS NOT EVERGRAND.

IT'S THE EVs BUBBLE. It's TSLA, LCID, RIVIN, FSR, NIO etc.

Tesla with over 1 trillion market cap is worth more than all car makers together not Toyota that sells multiple million cars very year. Rivian rallied to be the 3 biggest automotive manufacturer in the world bypassing volkswagen without any revenue. Volkswagen the owner of audi, Porsche, Bentley, Scania, man, Skoda, SEAT, VW etc.

Everyone is aware of global chip shortage and supply chain issues. EV needs 10x more chips than usual automotive. Elon musk selling billion of dollars in TSLA stock for nor reason and the stock is still over 1000$ per share.

some wrinkle brain can pick up from here and can provide you with additional information.

submitted by /u/Dark_Prinzz
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