It’s a Bloodbath for Tesla, NIO and Other EV Stocks. Maybe the Fed Will Rescue Them.

2 years ago 439

Shares of electric-vehicle producers were getting hammered Wednesday—that overmuch is casual to see. Why the stocks are down is harder to fig out. It seems to beryllium a operation of a fewer unusual factors.

Tesla (ticker: TSLA) banal was down 2% connected Wednesday, falling beneath $940 a share. Tesla banal is connected gait for its worst adjacent since October. Shares person dropped each time this week.

So...

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