Business
Why XPeng, Li Auto, and Kandi Technologies Stocks Are Surging Today – Motley Fool
As Tesla goes, so go the others. Or is there more to the story?
What happened
The U.S.-traded shares of several Chinese electric vehicle makers were moving sharply higher on Tuesday, rebounding from a sell-off after a key interest rate bellwether moved lower.
Here’s where things stood for these three stocks as of 2 p.m. EST, relative to their closing prices on Monday.
NIO (NYSE:NIO), which often moves in tandem with Li Auto and XPeng, was also trading sharply higher on Tuesday, up about 19.1% at 2 p.m. EST.
So what
All three of these stocks, along with most…
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