Tesla Dragged Down EV Stocks

Tiger Newspress2023-04-20

Tesla dragged down EV stocks in premarket trading Thursday. Tesla fell 7.7%; Li Auto fell 4.4%; XPeng fell 3.2%; NIO, Lucid and Rivian fell about 2%.

Tesla helped kick off an EV price war. Now, those lower prices are hitting the company’s sales and profits.

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Comments

Looyusooi
2023-04-20
Looyusooi
ok
Andrewinho
2023-04-20
Andrewinho
Opportunity!! 🤭🤭🤭

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