I latched on to the words "based on facts, not hope" when talking about Chinese ADRs. The author later wrote "I believe" about US stocks like ZM and TSLA. That seems contradictory, and indicates bias, IMHO.
I think investors are still getting used to what's considered "realistic" for EV makers. I especially don't trust the "pros", not when they keep thinking of $Tesla Motors(TSLA)$as a car maker.
Tesla Reported Record Deliveries. Why That's Not Good Enough.