Electric vehicle stocks came under significant selling pressure in 2023 as conditions remained inclement for production as well demand. That said, shares of market leader$Tesla (TSLA.US)$rode on a strong first-half performance and doubled during the year.
Here are the key themes that dominated EV space during the year:
Tesla Goes Aggressive With Pricing: With the Fed continuing to take interest rate higher, Tesla smelled trouble and opted to go with the strategy of deep price cutting for most of the first-half of the year. The move produced a "sugary high" for the stock, which rallied through the first...
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