Why Investors Slammed the Brakes on Electric Vehicle and Related Stocks Monday
FREYR(FREY) The Motley Fool·2024-04-15 22:39
Discouraging news from the industry's bellwether company rocked the sector.In the still-developing electric vehicle (EV) industry, what happens to its leading company tends to affect every other manufacturer and supplier. That's why some troubling news from the No. 1 EV maker almost immediately filtered down into the rest of the sector Monday, impacting the prices of fellow manufacturers and associated companies alike.Up-and-coming Asian EV maker VinFast (VFS -9.44%), for example, saw its share price decele ...