3 Electric Vehicle Stocks Down 78% to 80% That Billionaires Can't Stop Buying
In case you haven't noticed, it's been a rough year for Wall Street and everyday investors. Since each of the three major U.S. stock indexes hit their all-time highs between mid-November and the first week of January, they've all fallen by 22% to 34%, which firmly places them in a bear market.
It's been an especially difficult time for innovative growth stocks that were valued at a premium. Electric vehicle (EV) stocks are a perfect example.
Two Rivian R1T's climbing a trail. Image source: Rivian Automotive.
Source Fool.com