A Wild Week For EV Stocks
That was a wild week for EV stocks. by Thursday morning, shares ofTesla Inc.(NASDAQ:TSLA) were up about 9% on the week, before crashing later that day on news that the company had pushed back the demo of its robo-taxi until October.
![tesla_and_rivian_chart.jpg](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240716/40780578-0-1b1ed60e5d2f594821caeaf711d40bf0.jpg/big)
Then, on Friday Tesla shares recovered somewhat, as the whole EV sector spiked, with even strugglingLucid Group, Inc.(NASDAQ:LCID) spiking 25% on the day. Here, we'll focus on two names I had positions in, Tesla, andRivian Automotive, Inc.(NASDAQ:RIVN), which spiked 8.05% Friday.
Entering The Week Long...
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