Q1 2023
April 4, 2023
Mobility tech, like other technology sectors, outperformed the broader market in Q1 2023, despite depressed share prices for newly public mobility tech companies. Even within that subset, the spread of valuations is wide, with much volatility. The stock movement of established mobility tech players reflects this, as Tesla rebounds and Rivian fumbles.
Investors can watch for revenue growth and continued valuation volatility, and our Q1 2023 Mobility Tech Public Comp Sheet and Valuation Guide gathers the latest data on stock performance, revenue forecasts and market caps of key publicly traded companies.