EV-makers in trouble? Mizuho downgrades Tesla, Nio on slow demand

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Mizuho has downgraded its ratings for Tesla (TSLA), Rivian (RIVN), and Nio (NIO) from Buy to Neutral, citing slowing demand for electric vehicles...

) from Buy to Neutral, citing slowing demand for electric vehicles, particularly in China. The investment bank also mentioned high inventory levels as potential headwinds. -- Donald Trump’s business empire was supposed to be in peril like never before on Monday. Instead, it turned into the single-greatest day on record for the former president’s wealth.

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