EV stocks sell-off after Middle East War Latest Escalation

$Tesla (TSLA.US)$ $XPeng (XPEV.US)$ $NIO Inc (NIO.US)$ $BYD COMPANY (01211.HK)$ EV stocks at US stock exchange faced sell-off after Israel's Iran attack as reported by US officials. Later the attack was played down as calibrated under US pressure. You can read here:

1) Israel's Iran attack carefully calibrated after internal splits, US pressure

2) Israel carries out limited strike against Iran, NBC News source says

Xpeng: Share price fell 3.35% and hit 52-week low of 6.86 USD

Nio: Share price fell 5.00% and hit 52-week low of 3.710 USD

Li Auto: Share price fell 9.60% and hit low of 26.20 USD since 10 May 2023

Tesla: Share price fell 1.92% and hit 52-week low of 146.22 USD

Rivian: Share price fell 2.27% and hit 52-week low AND Historical low of 8.26 USD

EV stocks at HK stock exchange are not spared:

Xpeng-W: fell 7.38% and hit 52-week low 26.95 HKD

Nio-SW: fell 1.79% and hit 52-week low AND Historical low 29.25 HKD

Li Auto-W: fell 7.40% and hit low 105.00 HKD since 31 Jan 2024

BYD: fell 2.04%

My take: Although the main reason for EV stocks faced downtrend was caused by lower in EV demand in China, the Middle East War escalation was the trigger to the huge sell-off yesterday. It is fairer to compare the EV stock performance under the same industry.