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Tesla's Double Miss Spooks Investors, Rivian CEO Allays Liquidity Concerns, Lucid's Underwhelming Q3 Deliveries And More: Biggest EV Stories Of The Week

Benzinga ·  Oct 21, 2023 10:45

Electric vehicle stocks fell across the board in the week that ended on Oct. 21 amid the broader market weakness and a disappointing earnings report from frontrunnerTesla, Inc.(NASDAQ:TSLA). Shares of the company closed at their worst level since June 1.

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

Tesla Disappointing Q2, Price Tinkerings, Cybertruck News And More:Tesla's third-quarter earnings and revenue missed expectations, sending its stock sharply lower. The third-quarter marked the first time since the second quarter of 2019 that the company has missed both earnings and revenue expectations. Auto...

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