In this episode, Scott Becker breaks down year-to-date performance of major bank and EV stocks.
Full Episode
This is Scott Becker with the Becker Private Equity and Business Podcast. Today's discussion is the EV stocks and the bank stocks. So here's what's going on with the EV stocks and the bank stocks. I'll do the bank stocks first. Thus far, Bank of America is down about 8.6% year to date. JP Morgan itself is up 3% year to date.
So in the battle of the big banks, JP Morgan outperforming Bank of America thus far. Second in the battle of electric vehicle makers, Tesla down 30% year to date, Rivian up 3% year to date, and Lucid down 60% year to date. One of my friend's spouses is in the process of buying a Rivian. I know spouse A would like to kill spouse B for spending that much money on a vehicle, but it is what it is.
Again, that's here to date, the big bank stocks and the big EV stocks. Thank you for listening to the Becker Private Equity and Business Podcast. Gives you a sense of what's going on out there.