Home Finance Tesla, Nio and Rivian all downgraded on slowing EV demand, pricing pressures

Tesla, Nio and Rivian all downgraded on slowing EV demand, pricing pressures

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Tesla, Nio and Rivian all downgraded on slowing EV demand, pricing pressures

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Tesla’s stock fell Monday toward a third-straight loss of more than 1%, after the electric-vehicle giant lost another bullish backer — one who said slowing demand, rising inventories and tightening liquidity should hurt results over the next year.

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