Tesla , other EV names gain

  • Investing.com
Tesla , other EV names gain

Tesla (TSLA) and other EV names are stronger today, helped in part by weaker economic data - which is a doubled-edge sword. On one hand it could stop the Fed from hiking rates, on the other it means car sales could take a hit:

  • Tesla +3.8%
  • Lucid Group (LCID) +2.2%
  • Rivian Automotive (RIVN) +3.8%
  • JOLTs Job Openings (Jul) 8.827 million versus 9.465 million expected
  • Consumer Confidence (Aug) 106.1 versus 116 expected

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