EV Roundup: Fisker Suffers Heavy Blow, Vinfast Wins Praise From Wedbush

$Tesla(TSLA.US)$ rose despite a declining broad market, up 2.38% on Tuesday,to put them on track for a third-straight gain and second attempt to break through 50-DMA. Many chart watchers view the 50-DMA as a short-term trend tracker. If the stock decidedly clears the 50-DMA, a level chart watchers will be focused on will be where downward sloping line connecting in the intraday highs of July 19 ($299.29), Sept. 15 ($278.98) and Oct. 11 ($268.94) currently extends at roughly $253.65.

$Fisker(FSR.US)$ fell more than 10%, as the electric vehicle startup lost its second chief accounting officer in less than a month, marking the latest setback for the company that recently began selling its first model. Vietnamese electric car company $VinFast Auto(VFS.US)$ rose more than 13% after receiving a bullish outperform rating from Wedbush.

Meanwhile, two of China's leading electric car makers, $NIO Inc(NIO.US)$ and $XPeng(XPEV.US)$, saw their stock prices fall 4% on Tuesday, after a strong rally on Monday.