If You Bought Lucid, Nio, or Rivian Stock 5 Years Ago, Here's How Much You've Lost

Five years ago EVs were widely viewed as the "trade of the decade" as legacy automakers rushed to electrify, government incentives proliferated, and pure‑play EV startups drew comparisons to Tesla. The article underscores the earlier market exuberance driven by policy support and startup funding, suggesting a need for portfolio managers to reassess positioning as the sector matures.

Analysis

Five years ago EVs were widely viewed as the "trade of the decade" as legacy automakers rushed to electrify, government incentives proliferated, and pure‑play EV startups drew comparisons to Tesla. The article underscores the earlier market exuberance driven by policy support and startup funding, suggesting a need for portfolio managers to reassess positioning as the sector matures.