Workflow
3 EV Stocks to Sell in June Before They Crash & Burn
LCIDLucid (LCID) Investor Place·2024-06-18 10:00

Electric vehicles (EV) aren't going away but they aren't the growth industry they once were. Year-over-year sales are dramatically slowing with first-quarter sales rising just 2.6% from 2023. EVs accounted for 7.3% of all new-vehicle sales in the period, down from the fourth quarter, according to Kelley Blue Book. It was the first quarter-to-quarter decline since the pandemic. To put it in perspective, first-quarter 2023 sales had soared 46% from the prior year, which itself had been over 81% higher than in ...