As we are seeing the movement of investors from the crypto to the stock markets. This is starting to
be discussed on Social Media platforms such as Reddit & Twitter. To find out what was the buzz around
different industries, we used the Social listening platform My Social Pulse to listen into the EV
(Electric Vehicle) industry.
MySocialPulse showed $Rivian, $CCIV, $TSLA, $NIO, $GM, $F, $FSR as the hot Electric Vehicle stocks being
discussed.
With the imminent IPO of Rivian valued at $70bn and a battery range of 300 miles, all the hype on Social
Media is about CCIV i.e. Lucid
Motors with a valuation of around $35-40bn and battery range of 500 miles. There is huge confidence in
the technology behind CCIV i.e. LUCID motors given they have proved their prowess in the Formula E.
Further analysis shows CCIV is being Short Squeezed as well. All this is making CCIV a darling of Retail
investors.
The sentiment for the EV industry overall is extremely positive with Positive, Anticipation and Joy as
leading emotions today. Makes us believe money is moving into EVs. What do you think ?