EV stocks rebound post-election; Tesla shifts Cybertruck production to Cybercab at Giga Austin.

Electric vehicle stocks including Nio, Tesla, and Lucid rose sharply after a post-election sell-off, with Tesla up 5%, Nio 6%, and Lucid 5%. Tesla CEO Elon Musk announced plans to wind down Cybertruck production at Giga Austin by mid-2027 to increase Cybercab output, reflecting a strategic shift towards autonomy and robotics. Despite the rally, challenges remain such as rising Treasury yields, Lucid's cash burn, and regulatory concerns following Democratic control of Congress. Investors are cautious as the sector's rebound might be a technical bounce rather than a sustained recovery.

Nio, Tesla, and Lucid are all up on Pluang, with Nio rising 5.78%, Tesla up 4.73%, and Lucid gaining 6.54%. Nio trades at USD 3.38, Tesla at USD 359.93, and Lucid at USD 3.17. These figures are as of Nov 07, 2026 00:11 WIB.