Mixed Performances in the EV Space: Tesla, Rivian, Ford, Lucid, and Nikola

Tesla's sales, India plans, and domestic sales in China experienced fluctuations. Rivian introduced new battery pack options, Ford announced plans for low-end EVs, and Lucid formed a partnership with Saks for exclusive demo drives. Nikola rejected dissident nominees for its board. The KraneShares Electric Vehicles and Future Mobility Index ETF saw a slight decrease in value. Several EV stocks experienced gains and declines, with Tesla and Nikola being particularly noteworthy.