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Tesla Stock Jumps On Plaid Prospects In China; Rivian Stock Drops On Battery Issue

November 23, 2021
Source: newsbrig.com newsbrig.com
News Snapshot:
Tesla (TSLA) stock rallied after CEO Elon Musk tweeted that the Model S Plaid may launch in China as early as March. Meanwhile, recent IPO Rivian (RIVN) sank on reports of subpar battery performance in its electric delivery vans. X On Sunday night, Musk — when asked when the luxury sedan would be available in China — tweeted, “Probably around March.” Tesla launched the Plaid in June 2021. The 520-mile range car can notch 200 miles per hour and retails for a reported $129,990. For Tesla, the Chinese market remains key to its success. Wedbush analyst Daniel Ives said in...
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Tags: Amazon | auto | Automotive | battery | car | CEO | China | Chinese | CUP | delivery | electric vehicle | Elon Musk | EV | Ford | ipo | IT | LINE | luxury | news | social media | stock market | stocks | Tesla | Twitter | Xpeng

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