Short sellers now have EV, renewable energy stocks in sights - Yahoo Finance
Short sellers now have EV, renewable energy stocks in sights
Short sellers are now targeting electric vehicle makers — Tesla ( TSLA), Rivian ( RIVN), Lucid ( LCID) — and small-cap renewable energy stocks in new campaigns. Yahoo Finance's Ines Ferre joins the Live show to detail the highest-ranked stocks in the energy and automotive sectors on short sellers' lists.
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Related Knowledge Center: ENERGY BASICS: renewables
Renewable energy sources — once the fuel of the future, then practical in specific, narrow applications — are increasingly economic mainstream sources of power generation. Hydropower was long the mainstay of U.S. renewable electricity generation, although wind power surpassed hydro for the first time in 2019, and solar continues its rapid growth. The continued growth of wind and solar, with their fluctuations, is tied in part to improvements in storage technology: batteries.