Electric vehicle stocks are down across the board since January, from the biggest Tesla down 33% from its peak to the smallest Canoo down 70% from its peak (on Apple acquisition rumors).
Here is a guide to the EV landscape today.
tesla = comedian nerd, Makes a scene, looks like an idiot, does better than you'd expect with the ladies
Rivian = Wyoming rancher, Looks like a Ford truck for the most part, just costs $80k, bought by Amazon
canoo = pretty girl, Gets great press for its Apple like designs (the "cutest pickup" was a CNN headline) has the lowest market cap, gets picked on by the jealous uggos (the shorts) and tried setting up an only fans letting Hyundai take a look at the goods cheap before spac funding
Arrival = sexy accountant, Small practical British company that has practical designs and has small trial contracts with ups/hyundai. This is the same Hyundai deal that canoo backed out of because Hyundai kept trying to grab its ass. Arrival isn't as pretty so she puts up with it.
Lucid = my dad is rich
Sleek, expensive, refined. The full blown blue chip factory right from the start. A bit on the bland side, but make no mistake driving a lucid is sure to put the riff raff on notice that your daddy can buy his daddy.
Fisker = the Donald of electrics
Went bankrupt the first time when their Chinese funder had capital issues for their bold design , they are back again for their second try.
Nio = Chinese exchange student
Pretty bland, doesn't say much. Just an average car that happens to be electric.
Bollinger = big dumb guy
It's a big truck that doesn't look good that costs $125k. Shrug. You do you.
Lordstown = unemployed guy in fancy suit
Being investigated by the SEC. Testing prototype burned to a cinder, car entered in a race dropped out because it couldn't finish.
Nikola = your wife's boyfriend
They rolled the truck down the hill because they didn't have a product. Still not the lowest market cap of the bunch, company fired the old CEO because they said he misled investors.
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