You're not wrong. So we are screwed now. So why some say "Buy"?...

You're not wrong. So we are screwed now. So why some say "Buy"? Why even hold?

If ausheds is right about UBS, that they regard EV sales as "rather tardy", what driver do these "Buyers" foresee?

notned says: "The future of RE motors is is better than bright and that is a commercial reality you can take to the bank."

Well, not really, as I've clearly documented here wrt an alternate motor technology being widely discussed ROW: REE-free SRMs and low-REE PMA-SRMs.  They can compete with high-content NdFeB-PMMs in most applications.

So, with "rather tardy" EVs, we could see much slower demand growth, possibly even demand contraction ex-China over the next few years.  Really not sure what these "Buyers" think they see.  Dare I suggest? LOL.