Shares of electric vehicle makers Tesla ( TSLA 5.97%), Rivian ( RIVN 3.94%), and Aehr Test Systems ( AEHR 15.39%) rallied on Wednesday, up 5.2%, 4.7%, and 15.8%, respectively, as of 11:30 a.m. ET.

Despite today's explosive gains, Wolfspeed stock is still down 82% over the last year. The semiconductor company has struggled as demand for electric vehicles has weakened and planned expansion ...

To give this 25% revenue growth rate some perspective, it is the fastest the company has grown since 2021, when it rebounded ...