Lucid stock fell sharply due to broader EV market downturn from proposed policy changes. Investor sentiment soured from a bill threatening EV tax credits and introducing new fees.
Lucid stock dropped sharply Thursday, potentially due to new legislation eliminating EV tax credits and adding fees. This bill, impacting the entire EV sector, spurred high trading volume and bearish sentiment.
Shares of Tesla Inc. (NASDAQ: TSLA) might be in for a rough week, according to fund manager Gary Black, following the announcement of steep discounts by the company's Chinese rival.
The 'Big Beautiful Bill' recently passed by the Republicans in Congress could present significant hurdles for Tesla Inc. (NASDAQ: TSLA), potentially stunting the expansion of electric vehicles and renewable energy in the U.S.
After a sharp 23% rebound in the S&P 500 since April, hedge funds are now stacking record levels of bearish bets against stocks as investors question the staying power of the tariff-relief rally.
Get a pulse on the US markets on Monday by checking out the most active stocks in today's session. Discover the stocks that are leading the way in terms of trading volume and market activity.
Growth is a hallmark of all great companies, but the laws of gravity eventually take hold.
Those who rode the COVID boom and ensuing tech selloff in 2022 will surely remember that the market’s punishment can be swift and severe when trajectories fall.
