WKHS - EV stocks track higher after S&P 500 stamp on Tesla
Tesla ([[TSLA]] +11.0%) being added to the S&P 500 Index has put another jolt back into the EV sector. Early gainers include the usual suspects Lordstown Motors ([[RIDE]] +7.8%), Kandi Technologies ([[KNDI]] +3.5%), Electrameccanica ([[SOLO]] +0.5%), Nio ([[NIO]] +2.0%), XPeng ([[XPEV]] +2.8%), Workhorse Group ([[WKHS]] +6.3%) and Li Auto ([[LI]] +1.8%). Fisker ([[FSR]] -2.8%) is an outlier with the stock heading in reverse this morning. As for the EV Mother Ship, Tesla has actually been an underperformer since September 1 as investors have fanned out looking for electric vehicle opportunities.Read what Wedbush and CFRA had to say about the Tesla S&P development.
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EV stocks track higher after S&P 500 stamp on Tesla