Why Electric Vehicle Stocks Like Lucid and Li Auto Triumphed on Tuesday
It seems a monster competitor plans to arrive later than anticipated.
Source: yahoo.com
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It seems a monster competitor plans to arrive later than anticipated.
Investors are seeing the bright side in the electric vehicle space.
Early signs of a slowdown in the Chinese auto market have become evident in 2024, with several automakers, including Li Auto and Nio, resorting to significant discounts.
Vietnamese EV start-up VinFast reported 2023 deliveries that came in short of its own forecast. VinFast stock fell in response.
Elon Musk wants arounds 25% voting control at Tesla before growing the EV maker into a leader in AI and robotics, the CEO says.