VinFast Auto Ltd. (NASDAQ:VFS)shares are trading lower Tuesday as shares of EV stocks are down after Tesla (NASDAQ:TSLA) and Rivian (NASDAQ:RIVN) announced third-quarter production and delivery figures.
The Details:
Tesla produced 430,488 vehicles in the third quarter, down from 479,700 in the second quarter and delivered 435,059 vehicles in the quarter, down from 466,140 in the previous quarter.
Rivian produced 16,304 vehicles and delivered 15,564 vehicles, in line with expectations.
Shares of VFS are down nearly 70% over the last month, and the stock is currently one of the top trending tickers on Yahoo! Finance.
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VFS Price Action: According to Benzinga Pro, shares are down % at $ at the time of publication.
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