Stocks of Nio and other China-based EV makers extended their recent sharp gains Tuesday, after they reported record deliveries data.

Key Takeaways Tesla shares are likely to remain on watchlists after gaining 32% in the third quarter, as the company prepares for a big October of potential market-moving events.The stock has moved above a long-term downtrend line and the 200-week moving average in recent weeks.

A subsidiary of Chinese electric vehicle (EV) assembler Nio has received 3.3 billion yuan (US$471 million) in fresh capital from a consortium of investors backed by the government of Hefei in eastern China's Anhui province,

Mullen Automotive shares continue to slide Tuesday despite corporate updates from CEO David Michery. Here's what to know:

Key Takeaways Nio's U.S.-listed shares surged Monday after the company announced a new $1.9 billion investment.3.3 billion Chinese yuan will come from outside investors, with another 10 billion coming from the EV maker's parent company.

Chinese electric vehicle maker NIO is getting new investment and its shares surged Monday. EV shares have had a bumpy year as demand cooled for the vehicles and China’s economy struggled to recover from a prolonged property slump.

NIO (NIO) shares rose around 4% after announcing record-breaking vehicle deliveries for September and the third quarter of 2024.