Hyperdrive
Why the Tesla-Like Surge in China EV Stocks May Be Over for Good
- U.S.-listed upstarts have fallen from highs, following Tesla
- Path to success for NIO, Xpeng, Li Auto is long and difficult
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A meteoric rise in China’s U.S.-listed electric-vehicle stocks that disrupted market-value rankings and left some industry observers scratching their heads is showing signs of fizzling.