Electric vehicle stocks meandered to a mixed close in the week ending July 15 following a uniformly strong close in the previous week. Inflation worries roiled the broader market in the past week as the metric climbed to a fresh 40-year high in June. This in turn reignited worries regarding a string of aggressive rate hikes.
Those EV stocks that bucked the downtrend were supported by some company-specific positive catalysts.
Here are the key events that happened in the EV space during the week:
Tesla's Karpathy Quits:Tesla, Inc.(NASDAQ:TSLA) was in the spotlight in the past week...
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