They were the only company selling cars in the US because the rest had their outlets closed thanks to lockdowns. Billions were pumped in to the economy in stimulus and it bloated.
Now Biden pretty much locked them out of the subsidies other car manufacturers are getting to go electric + markets are crashing and everyone is rushing in to bonds
Before 2020 they were trading for ~$20 it's still 5x higher
They were the only company selling cars in the US because the rest had their outlets closed thanks to lockdowns. Billions were pumped in to the economy in stimulus and it bloated.
Now Biden pretty much locked them out of the subsidies other car manufacturers are getting to go electric + markets are crashing and everyone is rushing in to bonds
Before 2020 they were trading for ~$20 it's still 5x higher