There has been a rush from investors to support EV stocks.

Let’s take a look at two stocks that Ark Invest keeps buying, seemingly for reasons unknown.

General Motors expanded its partnership with Honda to build affordable electric vehicles.

General Motors spent $2.10 billion to buy SoftBank's stake in Cruise LLC.

Tesla Hit With More Recalls, Still Gets Upgrade from JPMorgan.

Tesla saw an impressive 65% year over year growth in revenues which included a 71% rise in automotive revenues.

If Lucid were somehow able to get the Apple Car in its fleet that could change things.

As much as analysts say that Tesla’s stock is inflated and that the EV market is catching up to the company, we cannot deny that the stock is resilient.

Both companies are firing on all cylinders right now.

Friday marks two weeks to the day until CCIV (NYSE:CCIV) shareholders get to vote on the proposed merger with Lucid Motors.