U.S. stock market midday update: Polestar Automotive UK PLC down 14.59%, trading volume increased, volatility significantly

U.S. Stock Market Midday Update Polestar Automotive UK PLC - CW 27, down 14.59%, with increased trading volume and no significant news recently. The trading is active, and the capital flow is evident. Considering the sector and industry trends, the stock shows significant volatility, and the specific reasons need further observation. Stocks Ranking High in Industry Trading Volume Tesla is down 1.01%. Based on recent key news: On December 9, Morgan Stanley downgraded Tesla's rating to "Hold," believing its valuation has fully reflected the business value, leading to pressure on the stock price. Morgan Stanley analyst Andrew Percoco pointed out that the positive factors of Tesla's non-automotive business are already reflected in the current stock price, setting a target price of $425, down 6.6% from last Friday's closing price. Source: Bloomberg On December 9, ARK Invest reduced its holdings in Tesla shares and increased its holdings in Baidu, reflecting market concerns about Tesla's valuation. The ARK Innovation ETF sold 2,100 shares of Tesla stock, coinciding with analysts expressing concerns about its reasonable valuation. Source: Zhitong Finance On December 10, Tesla CEO Elon Musk stated that he found "zombie payments" in the federal government's cost-cutting efforts, but only "partially succeeded," and said he would not attempt similar efforts again. This news may affect market confidence in Tesla's management. Source: Bloomberg The electric vehicle industry is experiencing slowed growth and intensified competition. Rivian is down 6.37%, with increased trading volume. Based on recent key news: On December 12, Rivian's stock price fell 5% as investors sold shares ahead of "Autonomous Driving and AI Day," influenced by Oracle's negative earnings report. On December 12, Rivian announced technological advancements, including dedicated silicon and AI software architecture, attracting market attention and driving future growth. On December 11, Rivian plans to launch the R2 mid-size SUV, with Morgan Stanley warning of challenges from slower market adoption and the cancellation of tax credits. Demand for electric vehicles is weakening, and industry competition is intensifying. Ford Motor Company is up 1.83%. Based on recent key news: On December 9, Ford and Renault announced a strategic partnership to launch two affordable electric vehicles in the European market, aimed at enhancing Ford's market competitiveness. This move helps Ford compete with other traditional automakers in the European market, driving the stock price up. Source: Jiemian On December 9, Morgan Stanley raised Ford's target price from $11 to $14, maintaining a "Hold" rating. Analysts are optimistic about Ford's future performance, driving the stock price up. Source: Gelonghui On December 10, the Chinese government simplified rare earth export licenses, and Ford confirmed that its suppliers have obtained approval, alleviating supply chain shortages and boosting market confidence. Source: Reuters The automotive industry is facing intensified competition, with significant developments in the electric vehicle market Stocks Ranked Among the Top by Market Capitalization in the Industry Toyota Motor Corporation rose by 1.20%. Based on recent key news: On December 10, the weakening of the yen led to a 1.4% increase in Toyota's stock price, which is favorable for the Japanese automaker. Elliott Investment Management purchased 5.01% of Toyota's shares, impacting shareholder proposals due to concerns over the transparency of Toyota's acquisitions. Source: Reuters On December 9, Wolfspeed announced a partnership with Toyota, where Toyota will adopt Wolfspeed's automotive-grade MOSFETs in its onboard charging systems, advancing Toyota's electric vehicle technology. Source: Jiemian On December 11, Toyota remained the second-largest brand in the U.S. market, despite inventory being below demand, but brand loyalty and price sensitivity kept its sales stable. Source: Reuters The automotive industry faces challenges in the transition to electrification