Lotus Technology: Selling Cars At Cost And Hemorrhaging Cash

With this analysis, I am beginning my coverage of Lotus Technology Inc. (NASDAQ: LOT ) by recommending a Sell rating for long-term investors. Although Lotus has a storied brand, a probing look underAnalyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alp ...