r/biz
r/biz is the place for discussion of topics related to business, stocks, economics, financial markets, startups, commercial law, securities, currencies (including cryptocurrencies) and commodities.
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Why are EV battery stocks so low right now?
The main ones are chpt, evgo, blnk, and wbx.
All of these stocks are basically at all time lows in a bull market centered around tech (including ev’s)
Now it’s true that many of these companies are fundamentally not good companies in the sense that they don’t make much money, but that hasn’t stopped other tech stocks from rising significantly.
Any thoughts on this?
