Tesla Weathers Massive 2M+ Recall, Ford's Deep F-150 Lightning Production Cut, Lucid CFO Quits After Nasdaq-100 Exit And More: Biggest EV Stories Of The Week

Benzinga · Dec 16, 2023 22:14

Electric vehicle stocks closed mixed in the week that ended on Dec. 15 despite the broader market optimism over the Federal Reserve's inclination toward rate cuts. It appears that these stocks will likely be laggards, primarily due to the larger slowdown in EV adoption and ramp-up issues faced by both legacy automakers transitioning to EVs and startups.

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

Tesla Recalls, Cybertruck Delay And More:Shares ofTesla, Inc. (NASDAQ:TSLA) broke above the $250 psychological barrier, despite the company's recall of over 2 million vehicles in the...

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Tesla Weathers Massive 2M+ Recall, Ford's Deep F-150 Lightning Production Cut, Lucid CFO Quits After Nasdaq-100 Exit And More: Biggest EV Stories Of The Week

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