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Not so fast on VinFast, experts say

Vietnamese electric vehicle maker Vinfast saw heavy losses in its shares after an initial surge in value on the Nasdaq. Experts caution against guessing the company's long-term worth, as other auto startups that gained attention from investors have faced production delays and other problems. VinFast's stocks soared 250% on Tuesday, making it the highest valued EV maker on Wall Street after Tesla and China's BYD. However, shares fell 16% on Thursday as the market considered the tough targets set for the company and its struggle to turn a profit. It is still too early to determine VinFast's true market capitalization.

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