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EV Market

Topic 350 news 4386 Subscribers

Tesla's Giga Shanghai Goes Full Throttle, Fisker Gets Wall Street's Love, Biden's Charging Infrastructure Thrust: Week's Biggest EV Stories

Benzinga Real-time News · Sep 18, 2022 19:31

TSLA +12.06% F +0.08% NIO +3.49% XPEV -1.39%

Electric vehicle stocks closed the week ending Sept. 17 on a mixed note, as investors reacted to the macroeconomic uncertainty that dragged the broader market lower, analysts' actions, and a positive policy move.

Now, here are the key events that happened in the EV space during the week:

Tesla's Company Updates & Analysts' Actions:The cost of making a$Tesla (TSLA.US)$car has come down by about 57% between 2017 and now, with the improvement coming primarily from better vehicle design and new factory design,Martin Viecha, vice president of investor relations at Tesla, said in a tech conference, according to reports. The...

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more

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This presentation is for informational and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. Investment information provided in this content is general in nature, strictly for illustrative purposes, and may not be appropriate for all investors. It is provided without respect to individual investors’ financial sophistication, financial situation, investment objectives, investing time horizon, or risk tolerance. You should consider the appropriateness of this information having regard to your relevant personal circumstances before making any investment decisions. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. Moomoo makes no representation or warranty as to its adequacy, completeness, accuracy or timeline for any particular purpose of the above content.

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In Malaysia, investment products and services available through the moomoo app are offered through Moomoo Securities Malaysia Sdn. Bhd. ("Moomoo MY")regulated by the Securities Commission of Malaysia (SC). Moomoo Securities Malaysia Sdn. Bhd. is a Capital Markets Services Licence (License No. eCMSL/A0397/2024) holder. This advertisement has not been reviewed by the SC.

Moomoo Technologies Inc., Moomoo Financial Inc., Moomoo Financial Singapore Pte. Ltd.，Futu Securities (Australia) Ltd, Moomoo Financial Canada Inc., and Moomoo Securities Malaysia Sdn. Bhd. are affiliated companies.

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