Why These 15 Automotive Stocks Have Been Plunging In 2025

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3. Lotus Technology Inc (NASDAQ:LOT)

Number of Hedge Fund Holders In Q4 2024: 11

Lotus Technology Inc (NASDAQ:LOT) is a battery electric lifestyle vehicle company. It also sells sports cars globally under the Lotus brand.

The stock is down significantly so far in 2025 as Lotus Technology missed delivery targets and reports showed weak demand.

It cited weak consumer demand in China and competitive pressures in Europe and the United States. This announcement led to a significant stock decline due to concerns about the company’s ability to meet its ambitious 2026 targets.

The consensus price target of $7 implies 341.64% upside.

LOT stock is down 56.23% year-to-date.

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