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

3 days ago

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.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.

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