So what Investors are seeing a little weakness in some EV competitors today with Tesla (NASDAQ: TSLA) and Ford announcing price cuts in January. Investors are speculating that recent inflation and wage data shows that there's much less price pressure than in previous months, which may cause the central bank to slow rate increases. Not only are there questions about whether Rivian, Nikola, and Lordstown will ever make money, we don't know if QuantumScape's technology will be scalable or if ChargePoint has a sustainable business model.