Shares of EV stocks traded lower after Tesla and Rivian announced Q3 delivery and production figures.
Portfolio Pulse from Benzinga Newsdesk
Shares of electric vehicle (EV) stocks traded lower following the announcement of Q3 delivery and production figures by Tesla and Rivian. The article does not provide specific details about the figures.
October 02, 2023 | 8:02 pm
News sentiment analysis
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NEGATIVE IMPACT
Rivian's stock traded lower after the company announced its Q3 delivery and production figures.
The announcement of Q3 delivery and production figures is a significant event for Rivian. The negative reaction in the stock market suggests that the figures may have been below expectations, leading to a decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Tesla's stock traded lower after the company announced its Q3 delivery and production figures.
The announcement of Q3 delivery and production figures is a significant event for Tesla. The negative reaction in the stock market suggests that the figures may have been below expectations, leading to a decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100