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Does the Tech Sell-Off Affect EV Stocks Like Lucid and Nio?

·5-min read
Does the Tech Sell-Off Affect EV Stocks Like Lucid and Nio?
In this article:
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Look closer, however, and it's clear that the prices of many smaller growth stocks, and even some top-tier companies, are hovering around 52-week lows. Investors that follow the electric vehicle (EV) industry are probably wondering if the tech sell-off affects growth companies like Lucid Group (NASDAQ: LCID) and Nio (NYSE: NIO). Daniel Foelber (Lucid): It seems like a distant memory now, but it was only in August and September when share prices of Lucid were struggling to stay above $20 a share as early investors cashed out.

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