Tesla Rises 4% as ARK Reiterates $4,400 Long-Term Price Target on Robotaxi Thesis; Rivian Gains 3%, Lucid Holds Steady

ARK Invest just reiterated a staggering long-term price target for Tesla while Cybercab rides expand and a potential SpaceX merger adds a wild card that neither Rivian nor Lucid can counter. Here is what is moving EV stocks right now and what risks could derail the rally.