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Tesla's Eroding Market Share, Lucid's Rawlinson Claims Bragging Rights, Rivian's Production Woes And More: Biggest EV Stories Of The Week

Benzinga ·  Aug 17 22:48

U.S. stocks rebounded to finish the week stronger but electric-vehicle stocks did not match the market-wide optimism as fundamentals weakness continued to be a drag. Market leader$Tesla (TSLA.US)$did close higher for the week as it rose along with its mega-cap peers.

Here's a rundown on what happened in the EV space during the week:

Tesla Under Pressure:TheElon Musk-led company has seen its market share erode in all regions, with the weakness more acute in North America, said a bearish analyst in a note released Friday. Bernstein'sTony Sacconaghi, who rates...

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