NKLA - CBAK Energy leads big moves in EV space

Animals spirits are getting rearranged in the EV and lithium ion battery sectors in the wake of Tesla's (TSLA) Battery Day event, clean energy legislation from DC and continued momentum in the China EV space. CBAK Energy Technology (CBAT) is up 74.78% without any corporate news out from the lithium battery concern. Workhorse Group (WKHS) is 8.55% higher in early trading. Arcimoto (FUV) is 5.85% higher to continue its week of big swings. Tortoise Acquisition Corp (SHLL) is 5.88% higher and SPAC Energy Acquisition Corp. (SPAQ) is up 4.33% in a decent recovery from yesterday's SPAC drubbing. Then there is Nikola (NKLA), scrapping back from a rough week with an early gain of 6.13%. Finally, the mothership is up 4.01% to crawl back over $400 again. Rewatch the Tesla Battery Day event on Seeking Alpha.

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CBAK Energy leads big moves in EV space