Why have EV stocks been suffering so much these last two weeks?
Question in the title.
It just doesn't make sense to me, with all the country's in the world spending more money on green power and more EV charging stations + infrastructure you would think EV's are in a good place. But even when the S&P 500 went up every day last week EV stocks just shit the bed. Curious to hear theory's on this.
It just doesn't make sense to me, with all the country's in the world spending more money on green power and more EV charging stations + infrastructure you would think EV's are in a good place. But even when the S&P 500 went up every day last week EV stocks just shit the bed. Curious to hear theory's on this.
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kalil : My guess is bc they were inflated so with the tide going out they can’t sustain their valuations
Celestinel : $Lucid Group (LCID.US)$ will we hit $50 again before Christmas??