On CNBC’s "Trading Nation," Todd Gordon of Inside Edge Capital Management said Lucid Group, Inc. (NASDAQ: LCID) addresses a different market than Tesla, Inc (NASDAQ: TSLA).
Rivian Automotive Inc. (NASDAQ: RIVN) has emerged as the most-discussed stock on Reddit’s r/WallStreetBets forum as of early Wednesday ahead of Tesla Inc.
The EV revolution has pushed to the forefront nimble pureplay electric vehicle startups that have managed to win investor confidence in huge measure. This is evident in the massive valuation some have built up even as the companies are yet to start or have just started commercial operations.
Rivian Automotive Inc (NASDAQ: RIVN) hasn't veered from its upward trajectory since its IPO last week, but nearly 100% gains aren't enough to send one investor walking.
On CNBC’s "Mad Money Lightning Round," Jim Cramer said Blackstone Inc. (NYSE: BX) is a very good company. Despite having a giant run recently, he expects the stock to go "even higher still."