How to play the new electric economy

 How to play the new electric economy

Zusmarshausen, Germany – August 21: (BILD ZEITUNG OUT) 12 fast-charging stations are reserved for Tesla cars alone in the most innovative and largest charging park in Europe – SIZ – Sortimo Innovationspark on August 21, 2021 in Zusmarshausen, Germany. (Photo by Peter Fastl/DeFodi Images via Getty Images)

For a certain sector of the economy the past week has been electric.

Item 1: Tesla (TSLA) CEO Elon Musk polls his Twitter followers if he should sell his Tesla shares. They say yes. TSLA tanks on the news and Musk loses $50 billion. Then Musk sells 5.2 million shares or $5.8 billion of stock (as of Friday.) Tesla shares rally. Musk is still the richest man in the world.

Item 2: On Tuesday, electric truck maker Rivian goes public. Its stock soars 29% in the biggest IPO since the company formerly known as Facebook debuted in 2012. Rivian’s (RIVN) market value of $100 billion is bigger than Ford’s or GM’s.

Item 3: Also on Tuesday,…

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