Mixed Performance for EV Stocks: NIO, XPEV, LI Decline, TSLA Gains
GuruFocus·2024-10-08 15:31

On Tuesday, electric vehicle stocks showed mixed performances. NIO (NIO) fell more than 7%, Xpeng (XPEV) dropped over 9%, and Li Auto (LI) declined nearly 10%. In contrast, Tesla (TSLA, Financial) rose by more than 1%, and Rivian (RIVN) edged up by 0.7%.In related news, Tesla plans to host a "Robotaxi Day" event at Warner Bros. Studios in Los Angeles on October 10. During this event, Tesla is expected to reveal advancements in its autonomous driving and robotics technology. ...

Mixed Performance for EV Stocks: NIO, XPEV, LI Decline, TSLA Gains - Reportify