Could these EV companies have an unsolvable demand problem?
Lucid (LCID 1.19%) and Tesla (TSLA 12.06%) recently reported production and delivery figures for the most recent quarter. The numbers show a decreasing demand for higher-priced EVs.
*Stock prices used were the afternoon prices of April 13, 2023. The video was published on April 15, 2023.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Tesla. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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