NSANY - Electric vehicle stocks race higher after election wildcards finally settled
The certification of the U.S. presidential election by Congress for Joe Biden and Democrat wins in the Georgia Senate races have combined to put another spark in the electric vehicle rally on the expectation for heightened industry support. Today's broad auto rally includes gains from Chinese auto names and key suppliers, with Blink Charging ([[BLNK]] +10.0%), Ayro ([[AYRO]] +9.6%), XPeng ([[XPEV]] +5.3%), Nio Technologies ([[NIU]] +12.6%), Li Auto ([[LI]] +8.4%), Workhorse Group ([[WKHS]] +9.4%), Nio ([[NIO]] +6.7%), Nikola ([[NKLA]] +7.3%), Electrameccanica Vehicles ([[SOLO]] +5.0%), Lordstown Motors ([[RIDE]] +3.3%), Fisker ([[FSR]] +1.7%), Tenneco ([[TEN]] +8.6%), American Axle & Manufacturing ([[AXL]] +12.2%), Westport Fuel Systems ([[WPRT]] +6.4%) and Superior Industries ([[SUP]] +5.5%). Tesla (TSLA) is up 6.32% and the EV mother ship printed a new high of $804.02 earlier in the session. The gain was enough to make Elon Musk the richest person in the world on paper. Following up strong U.S.
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Electric vehicle stocks race higher after election wildcards finally settled