Why Electric Vehicle Stocks Were on Fire on Monday

Shares of electric vehicle stocks started off on the right foot this week after reports emerged that President Trump's administration will look to lessen regulatory burdens for autonomous driving. It's not clear exactly what that means, and Elon Musk's involvement is a point of interest here, but the market reacted positively, at least for a while.Lucid (LCID 6.47%) stock jumped as much as 9.5% in early trading, while Rivian's (RIVN 0.10%) shares were up 6.6%, and EVgo (EVGO 6.13%) jumped 15.8% near the ope ...