Tesla, Bloom moves drive 17x volume surge in SMOG

VanEck Low Carbon Energy ETF (SMOG) has seen unusual trading volume, which is 17× higher than its average daily volume.

Among its largest holdings, Tesla (TSLA) is in focus after Q1 vehicle and energy-storage deliveries missed expectations, pressuring the stock even as analysts remain divided but highlight long-term AI and robotaxi plans and an expansion push in Japan. Fuel-cell player Bloom Energy (BE) is also under pressure as investors react to a bearish analyst downgrade, growing competitive concerns, and options-related volatility. Meanwhile, Rivian (RIVN) has drawn attention with a 20% year-over-year jump in Q1 deliveries, reaffirmed full-year guidance, and a new Uber robotaxi partnership, although some analysts have trimmed price targets and still see a balanced risk/reward profile.