Not even Elon Musk’s Tesla—which was touted as a vehicle manufacturing unicorn meant to dent the climate crisis—can withstand those pesky macroeconomic trends. Tesla’s valuation has just fallen as the electric vehicle market seriously cools down.
As the years have ticked on, electric vehicles have become more and more accessible to the general public. However, some companies in the EV business are rethinking their investments in the tech.
