share_log

Tesla Alienates Bears And Bulls Alike, Nikola On The Mend, Canoo's Struggles And More: Biggest EV Stories Of The Week

Benzinga ·  Apr 6 09:17

Electric vehicle stocks sold off in the week ended April 5 amid the broader market swoon due to waning rate-cut hopes and some company-specific catalysts. The first quarter was tough for the industry, which was reflected in the sales of major players.

Here are the key events that happened in the EV space during the week:

Tesla's Rare Deliveries Drop, Model 2 Rumors And More:Stung by demand and supply concerns,Tesla, Inc.(NASDAQ:TSLA) reported its first year-over-year sales decline since the second quarter of 2020, which was hit by COVID-19.

TheElon Musk-led company's...

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
    Write a comment