NIO - XPeng Li Auto and Romeo Power lead big day for electric vehicle sector while Tesla lags

Adam Smigielski/E+ via Getty Images The electric vehicle sector is in rally mode for a second consecutive day. More than 90% of the stocks in the EV sector are in positive territory for the day. Leading gainers include Li Auto ([[LI]] +8.7%), XPeng ([[XPEV]] +8.6%), Workhorse Group ([[WKHS]] +3.9%), TuSimple ([[TSP]] +4.5%), Romeo Power ([[RMO]] +5.5%), Arrival ([[ARVL]] +3.9%), Hyliion Holdings ([[HYLN]] +4.5%), Nio ([[NIO]] +4.8%), ChargePoint Holdings ([[CHPT]] +3.5%) and Kandi Technologies ([[KNDI]] +2.3%). Tesla (TSLA) is near the bottom of the EV mover list today with a drop of about 0.25%. Investors may be showing a little caution ahead of next week's earnings report. Wedbush Securities notes that China PR/safety issues and the global chip shortage are in the mix as headwinds, but keeps an Outperform rating firmly in place. Seeking Alpha author Trend Investing has laid out eight trends for investors to watch in the electric vehicle

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XPeng, Li Auto and Romeo Power lead big day for electric vehicle sector while Tesla lags