The shares of RivianAnd Lucid MotorsContinued to fall on Thursday investors take profitsRefrain from the EV hype sparked by Rivian’s massive market debut.

Rivian had dropped more than 12%, and Lucid fell around 11% at mid-morning.

Investors are looking for next-generation electric vehicles and the intention has been shown to be in favor of electric vehicle manufacturers. Tesla.

Rivian went public on Nov. 10In one of most important IPOs this year. It quickly exceeded the market cap for legacy automakers such as FordAnd General MotorsIt still trails Tesla, however, which just recently exceeded a $1 billion market cap. Stocks rose until Wednesday. The stock fell 15% on Wednesday as speculation over the name eased. Rivian yet to establish a business modelThe company said that the revenue for the third quarter could reach $1 million.

The shares of Lucid jumped 23% on TuesdayFollowing executives telling investors that they had received increased reservations, Lucid Air said that it is continuing to plan on building 20,000 Lucid Air sedans for 2022. Lucid began commercial productionThe September launch of the Air sedan. Lucid’s year-to date growth is more than 36%

Jim Cramer of CNBC urged investors on WednesdayRemember the lessons of 1999’s dot-com boom and take your profits off the table.

“If you own Lucid or Rivian and you’ve made a ton of money, you have my blessing — right here, right now, tomorrow morning — to literally take half off the table … and you can let the rest ride,”  he said.