Why Lucid, Faraday Future, Lordstown Motors, and Other Electric-Vehicle Stocks Are Down Today

·3 min read
Why Lucid, Faraday Future, Lordstown Motors, and Other Electric-Vehicle Stocks Are Down Today

Shares of most U.S.-based emerging electric-vehicle companies were down sharply on Tuesday, amid a resurgence of coronavirus concerns and after a mixed-bag earnings report from category leader Tesla (NASDAQ: TSLA) on Monday night. Faraday Future (NASDAQ: FFIE) was down about 23.6%. Lordstown Motors (NASDAQ: RIDE) was down about 8.2%.

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