These EV Stocks Are Tumbling With No End in Sight
ChargePoint(CHPT) The Motley Fool·2024-10-07 23:50
The EV market isn't growing as quickly as hoped, and that will put pressure on companies that aren't industry leaders. The electric vehicle market has been on a wild ride for the last few months. Demand for electric vehicles (EVs) has been disappointing, trade barriers are going up around the world, and a rush of planned stimulus spending in China changed the market's tune last week. According to data provided by S&P Global Market Intelligence, Luminar Technologies (LAZR 7.18%) fell 11.8% in September, Luci ...