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Tesla and Chinese EV stocks break higher again

  • Tesla (NASDAQ:TSLA) +8.74%, Nio (NYSE:NIO) +7.55%, Li Auto (NASDAQ:LI) +2.55%, Xpeng (NYSE:XPEV) +2.45% and Kandi Technologies (NASDAQ:KNDI) +1.15% are all higher on a positive turn in investor sentiment and with some analysts noting that China auto sales were officially reported to have increased 8.9% in August.
  • On the EV front, a micro electric vehicle by General Motors' local Chinese joint venture was the top-selling EV model in China in August at 15K units sold, followed by Tesla with the Model 3 at 11,800 unit sold. Reports out of China indicate improved interest for EVs outside of major cities.
  • It's been a volatile few weeks for the group.
  • Compare Tesla and Chinese EV stocks side by side.

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SymbolLast Price% Chg
TSLA--
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NIO--
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LI--
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XPEV--
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KNDI--
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