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Own EV Stocks? There's a Dark Side to Recent Sales Gains.
RIVNRivian Automotive(RIVN) The Motley Fool· The Motley Fool·2024-07-20 15:16

Investors might see some EV gains in recent registration data, but the driving force behind those gains isn't great news.Despite the recent doom and gloom surrounding the electric vehicle (EV) industry, the vehicles continue to make slight gains. It's just that the growth never exploded higher as many analysts and investors had hoped or expected. However, the recent gains, while the broader industry declined, per registration data, came at a significant and unsustainable cost. Here are the details.Why regis ...