I’ve researched this company in-depth and have gone as far as reaching out to native Chinese folks. The brand is almost entirely unheard of in virtually all parts of China. I believe they are running the same type of inflated-sales-scam Nio was just exposed for by Grizzly Research. In fact, the CEO of Lie Auto was the director of Nio until 2019. He is very close with the board at Nio and has gone on record saying he wants Nio to succeed.
What’s the deal with this company? It has a PE ratio of 14,000+. Why is it valued at $43B?
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