SOLO - Just a pause? Investors cash out of some EV high-fliers
EV stocks are taking a breather after an eye-popping week or two of gains that have been tied broadly to news out of China, the election of Joe Biden and the blazing path of Tesla straight to the S&P 500 Index. Ayro ([[AYRO]] -17.5%), Electrameccanica ([[SOLO]] -16.7%), GreenPower Motors ([[GP]] -9.1%), Lordstown Motors ([[RIDE]] -4.1%), Kandi Technologies ([[KNDI]] -2.3%), XPeng ([[XPEV]] -2.6%), Nio ([[NIO]] -2.8%), Arcimoto ([[FUV]] -11.9%) and Workhorse Group ([[WKHS]] -2.7%) are peeling off a bit today. For most of those names, the decline is just blowing some steam off of huge gains. Ayro is still up more than 150% for the week and Arcimoto is 95% higher.It has already been a busy week of EV news. Here are some of the sector stories.
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Just a pause? Investors cash out of some EV high-fliers