
Most electric vehicle stocks advanced in the week ending September 9, reversing course from the previous week’s across-the-board sell-off. The recovery is in part attributable to the rebound by the broader market following a lean patch.
Rivian Automotive, Inc. (NASDAQ:RIVN) led the week’s gains amid a company-specific catalyst and EV leader Tesla, Inc. (NASDAQ:TSLA) had its first positive week after the company’s August 25 stock split.