EV Stock Roundup: Q1 Deliveries of TSLA, NIO, XPEV, LI & RIVN in Focus

The electric vehicle (EV) frenzy, witnessed in 2020 and 2021, has lost its spark. Skepticism among investors is rising as EV startups tread on thin financial ice, facing the make-or-break challenge of proving their mettle in a fiercely competitive market. The industry’s capital-intensive nature is fast depleting the cash reserves of startups.Last week, Canoo released its quarterly results and concurrently expressed doubts about its ability to continue as a going concern. The following day, Canoo revealed a ...