REE - Electric vehicle roundup: Hyzon Nikola and REE soar Tesla rides deliveries confidence higher
The electric vehicle sector is having another strong day with bullish analyst notes on Hyzon Motors (HYZN +15.2%) and Nio (NIO +0.6%) adding to the positive tone set by Nikola (NKLA +19.8%) when it disclosed the company's first delivery of a Tre zero-emission truck. Notable gainers include REE Automotive (REE +20.4%), XL Fleet (XL +10.1%), Arrival (ARVL +3.8%), Lordstown Motors (RIDE +3.7%), Faraday Future Intelligent Electric (FFIE +3.6%) and Workhorse Group (WKHS +3.1%). Some of the gains are being attributed to optimism that sizable green infrastructure spending is still on the table. Tesla (NASDAQ:TSLA) is up another 3.05% to $1,039.55 with the last of Elon Musk's SEC filings on his shares sales trailing in. It is unclear if Musk is actually over his 10% stake sale target with his announcement on being "almost done" with the block sales. Tesla is getting a lift today with both Wedbush Securities and Credit
For further details see:
Electric vehicle roundup: Hyzon, Nikola and REE soar, Tesla rides deliveries confidence higher