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Tesla Alienates Investors With Sketchy Near-term Outlook, Rivian's Rumored R2 Global Premiere, Canoo On A Roll: Biggest EV Stories Of The Week

Benzinga ·  Jan 27 22:41

Electric-vehicle shares continued to bounce around the bottom in the week that ended on Jan. 26, withTesla, Inc.'s(NASDAQ:TSLA) disappointing fourth-quarter results weighing down on the space. The Elon Musk-led company's double miss set off concerns regarding quarterly results due by its smaller rivals.

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

Tesla's Double Miss: Weighed down by slowing demand and shrinking margins, Tesla reported its second straight quarter of double miss. The company also alienated investors by guiding to a significant slowdown in volume growth. The...

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