Electric vehicle stocks advanced in the week ending July 8, thanks to positive broader market sentiment and some encouraging company-specific news. Market leaderTesla, Inc.(NASDAQ:TSLA) closed above the $750 level andRivian Automotive, Inc.(NASDAQ:RIVN) also advanced solidly.
Here are the key events that happened in the EV space during the week:
Tesla Amid Abounding News Flow: Tesla's resilience came to the fore as the company reported record June sales in China. After an anemic performance in April, when Giga Shanghai was shut down for about three weeks, the company came back strongly in May and hit...
Login or create a forever free account to read this news
Sign up/Log in