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Why Tesla, Lucid, and Rivian Stocks All Just Popped
EV stocks look as if they’re going to finish the week strong this Friday, as shares of Tesla (NASDAQ: TSLA), Lucid Motors (NASDAQ: LCID), and Rivian Automotive (NASDAQ: RIVN) are all coasting higher in late-morning trading. As of 10:55 a.m. EDT, Tesla stock is up a respectable 2.2%, Lucid is gaining 3.4%, and Rivian is racing ahead with a 3.8% gain. In a note out last night describing the state of the electric car market in the U.S., EV specialist Electrek pointed out that electric cars in America are still very much Tesla’s market to lose.
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