T. A. Gardner
Thread Killer
Tesla Stock-Price Rout Overshadows Rivian, Lucid Collapses
https://www.msn.com/en-us/money/com...pc=U531&cvid=58ae5583ce994ef295ecaf314a21a1af
Tesla stock is down 69% from it peak. Rivals Rivian down 90%, while Lucid is down 86%. Seems all three are headed into bankruptcy territory if they don't stop the plunge ASAP. Why the collapse? One of the top reasons is these companies haven't returned an earning on their stock in years and investors are becoming wary and worried they never will.
https://www.msn.com/en-us/money/com...pc=U531&cvid=58ae5583ce994ef295ecaf314a21a1af
Tesla stock is down 69% from it peak. Rivals Rivian down 90%, while Lucid is down 86%. Seems all three are headed into bankruptcy territory if they don't stop the plunge ASAP. Why the collapse? One of the top reasons is these companies haven't returned an earning on their stock in years and investors are becoming wary and worried they never will.