Electric motorcycles - what a great concept. A blast to drive. But wait. They are not really practical because of their range and they are terribly expensive to purchase. Yet if a person had lots of money, a three or four car garage and two or three motorcycles already in it then why not add one of these models to your collection to spice up the mix? Why wait, why not buy one now? One question lingers in the air. Would buying one of this year's models be a trap knowing that next years model or the model the year after that might cost slightly less and most likely to be both superior in design and offer additional driving range? (current mixed use riding is 152 km and more if just in the city). As an example it was announced back in January that another new model was being offered to their product lineup. Maybe adding new models way to add creditability to the voyage they now find themselves on.
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If anyone is going to build one, who is it going to be? Harley Davidson would seem to be the obvious answer? The wheels now appear to be falling off this dream because their sales numbers over the last few years have not gained traction. Is now the time to give up coast a little bit to burn lass mony? They really can't give up, if they did it would discredit their reputation. If the range that these bikes were to suddenly quadruple or more then they would sell like hotcakes. If we can send spaceships to the moon, why can't we add more punch to a battery? It takes someone like Harley Davidson who has a vested interest in this space to try and make this happen. Well it's Livewire, not Harley Davidson who is trying to do this but for all intensive purposes the two are the same. Watch now what is happening.
Now a five day chart.
Now a three year chart.
Investors after a long ride seem to be throwing in the towel. Would I be buying long term Calls options on it looking for a rebound? No, there are better things to look at doing. That plus there there is zero interest in playing them. Here are two examples of what I am talking about.
All the while the world is waking up to electric scooters. Amazon is now offering some for $329.00 with free delivery. No one likes owning stocks which are in a state of decline.
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