Rivian, Lordstown Motors, and Nikola Corporation Continue to Plague EV Investors

Posted on 05/09/2022

Elon Musk’s Tesla and to an extent Lucid Motors have been able to avoid the gutter of fraud stories when it comes to electric vehicles and investing. The Federal Reserve’s earlier near-zero interest rate policy created an environment where many cash-burning, unviable businesses came to exist because there is no carry cost. CNBC recently reported…

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