Tag: Upstarts

Investors Flee Tumbling EV Upstarts Once Hailed as ‘Next Tesla’

(Bloomberg) — There was a time when the backing of some of the world’s deepest pockets and the mere ambition to sell electric cars was enough to inspire confidence in the stocks of upstarts Rivian Automotive Inc. and Lucid Group Inc. Now investors have all but thrown in the towel on the shares. Most Read […]