Bloomberg on $TSLA Price Drops, $KMX & $CVNA Looks, Other EV Companies' News ($RIVN & $LCID Hit All-Time Lows) + Charts

[PeregrineTrader]

More on the $KMX story from IBD which I also placed in the $CVNA thread.

Zombie Watchlist: $CVNA Hits New All-Time Low, Trading In Stock Temporarily Halted

Catching Up on $CVNA with all that bad news out of $KMX 9 DEC 22 Carvana Co. bonds were rallying off their worst levels Friday but their deeply distressed levels continued to reflect steep concerns about a potential bankruptcy. The used-car retailer’s most-active 10.25% coupon bonds coming due in May 2030 were trading at about a $45 price on Friday, or near 29% yield, according to BondCliQ. That compares with a price of almost $90 in June for the CCC-rated class of bonds and 12.3% yield. S…