EV Stocks Downgraded by Mizuho: What Lies Ahead for Tesla, Rivian, and Nio
Monday, 25 March 2024, 11:40
EV Storm Clouds: Tesla, Rivian, and Nio Downgraded
Mizuho Securities has downgraded Tesla, Rivian, and Nio due to EV demand concerns and tightening liquidity, with inventory levels as a headwind.
The downgrades by Mizuho Securities highlight the challenges ahead for these electric vehicle companies in the market.
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