U.S. auto stocks fell premarket, with Tesla (TSLA. O) down 3.2 percent, Rivian (RIVN. O) down 3 percent, and Lucid Group (LCID. O) down 5 percent.
New energy vehicle stocks rose, with XPeng Motors (XPEV. N) and Lucid Group (LCID. O) rising 8%, NIO (NIO. N) rising more than 7%, Li Auto (LI. O) rising 6.4%, and Stellantis (STLA. N) rising 1.22%.