U.S. Stock Market Movement | Most New Energy Vehicle Stocks Rise Tesla (TSLA.US) Surges Over 2.5%

Financial and economic app Zhitong learned that most new energy vehicle stocks are on the rise. As of the time of publication, Tesla (TSLA.US) has risen by over 2.5%, Nio (NIO.US) has risen by 0.4%, Xpeng Motors (XPEV.US) has risen by over 1%, and Li Auto (LI.US) has fallen by 1%. On the news front, Baird has upgraded Tesla's rating from "Neutral" to "Buy". The institution believes that although Tesla's fundamentals may fluctuate in the short term, market sentiment is showing a positive trend. The analyst team led by Ben Kallo at Baird believes that the investment community is increasingly viewing Tesla as a leader in the field of "physical artificial intelligence". They believe that Tesla's future core catalysts include: the launch of the next generation Optimus humanoid robot, the expansion of robotaxi into the U.S. market, the introduction of more affordable models, and the upcoming shareholder vote on Elon Musk's compensation plan.