Rising Middle East tensions drive oil prices higher, positioning Tesla and EV companies favorably as consumers seek alternatives to expensive gasoline.
Lucid (LCID) and Rivian (RIVN) Stocks Jump as Oil Rises but Tesla (TSLA) Stock Lags
Lucid and Rivian stocks surge on rising oil prices while Tesla declines due to federal FSD probe and BYD competition, as higher fuel costs make electric vehicles more attractive to consumers.