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EV Week In Review: Elon Musk Shrugs Off China Shocker, Tesla India Plans On Backburner, Lordstown Gets Lifeline, Canoo Sinks On Going Concern Warning And More

May 15, 2022
Source: onlineev.com onlineev.com
News Snapshot:
The EV house was broadly decrease within the week ending Could 13, though closing off their lows. The business took cues from the broader market, which went via a steep sell-off early within the week earlier than recovering on Friday. Market chief Tesla, Inc. TSLA had one other down week, whereas stock-specific catalysts triggered some wild swings in just a few different shares. Listed below are the important thing occasions that occurred within the EV house throughout the week: Tesla China Gross sales Plunge: Tesla reported sales of 1,512 vehicles in China in April, a month when it needed to...
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