A benchmark that covers the global inventories involved in designing, producing, or funding self-sustaining and electric vehicle technologies is intended to produce comparable returns to the Solactive Autonomous & Electric Vehicle Index (DRIV). No surprise, with other major EV, manufacturers, NIO Limited (NIO stock price) and Toyota Motor Corporation (TM) in the top ten, Tesla, Inc. (TSLA) dominates the Top Portfolio Weighting at 4.32 percent.
The outlook of Nasdaq, as investors prepare to launch their new year, has changed little on Sunday night. Last week, there were moderate gains to the stock market rally, restricting strong 2020, especially in technical and growth stocks. Tesla (TSLA) announced fourth-quarter deliveries and production figures on Saturday that almost 500,000 products were shipped annually in order to reach this goal. In December, China’s Li Auto (LI) electrical engineering company announced booming sales. On Sunday the Chinese EV producers (NIO stock price) and Xpeng announced the fast-rising deliveries of December (XPEV). The estimates for December should also be released in the next few days by BYD Co. (BYDDF).