Why Rivian and Other EV Stocks Dropped Last Month
What happened
Several electric vehicle (EV) start-up stocks dropped enough in March to approach or hit all-time lows. That included Rivian Automotive (NASDAQ: RIVN), luxury electric sedan maker Lucid Group (NASDAQ: LCID), and electric utility- and lifestyle-van maker Canoo (NASDA
Several electric vehicle (EV) start-up stocks dropped enough in March to approach or hit all-time lows. That included Rivian Automotive (NASDAQ: RIVN), luxury electric sedan maker Lucid Group (NASDAQ: LCID), and electric utility- and lifestyle-van maker Canoo (NASDA