Tesla shares are headed for their best one-day percentage gain since March after the electric-vehicle maker posted record quarterly sales.
Tesla’s (TSLA) stock rose about 6%, boosting shares of other electric-vehicle makers. Rivian Automotive climbed over 12%, putting it on track for its largest percentage increase since November, after reporting its own strong deliveries. Lucid Group gained 5%.
Chinese EV makers also rose. Shares of BYD rose more than 4% in Hong Kong after the Berkshire Hathaway-backed company reported that June sales nearly doubled from the year before. U.S.-traded shares of Chinese EV makers NIO, Li Auto and XPeng also all rose.
2023-07-03 10:02:50
Link from www.wsj.com
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