EVs Today -- May 2, 2023

Locator: 44521EVs. 

From Monday, May 1, 2023:

EVs: wow, talk about a bloodbath yesterday (except for China's BYD). [Later: the bloodbath continues into Tuesday, May 2, 2023, along with a steep drop in the overall market as traders wait for "the Fed's" decision (what a crazy way to invest; I guess for traders -- to bet on JPow -- might as well go to Las Vegas -- I wonder if this is how Warren Buffett does it?).]

• RIVN: concern that even Amazon's support is not enough; down 1.33% yesterday; down 60% over one year; link here.
  
• RIDE: talking bankruptcy; link here; shares plummet; down 23% yesterday; down 81% over one year;
• FSR: down 15% yesterday; down 47% over one year;
• ARVL: down 10% yesterday; down 98% over one year;
• GOEV: up 2% yesterday; down 84% over one year;
• LCID: down 8% yesterday; down 62% over one year;
• BYD: unrelenting. In China has it come down to BYD vs TSLA? If so, TSLA will lose.

Today, Tuesday, May 2, 2023: 

• RIVN: concern that even Amazon's support is not enough; down 1.33% yesterday; down 60% over one year; link here. today, the bleeding stopped; up 0.24%.
  
• RIDE: talking bankruptcy; link here; shares plummet; down 23% yesterday; down 81% over one year; today, recovers; up 16.4% today;
  
• FSR: down 15% yesterday; down 47% over one year; and now today, down another 6%.
  
• ARVL: down 1.6% today;
  
• GOEV: down today, but only 0.26%;
• LCID: down again today, but only 0.7%;
  
• BYD: overtakes VW as #1 auto in China. Down 4% today; trading at $58.