Tesla Stock Rises; Ford Shares Fall

Shares of Tesla rose to start the week, putting the electric-vehicle maker’s shares among the S&P 500’s top advancers in morning trading.

Tesla stock was recently up 1.7%. The move follows the news that the company built its first Cybertruck, as well as price cuts from Ford on its Lightning electric pickup. Ford’s shares were down 4.8%.

Shares of some other EV companies, including Nikola and Rivian, fell in early trading Monday. Lucid Group stock edged higher.

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