RACE directional thesis
RACE keeps sliding as the resale halo cracks: hybrids like the 296 and SF90 dump in the used market while only the limited ICE cars hold, forcing a production cut.
“And They still are rating the stock as a buy, even though it's dropped pretty dramatically as of late. But they say continued stabilization across regions with Germany and Japan improving. Powertrain gap widens as non-hybrids continue to outperform. So they've made so many different hybrid cars, everything from like the 296 to the SF90, of course, and people You know, these cars are very fun to drive, but they haven't been fun to own and they just haven't been holding up, holding up well.”36:35claim_id
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