Most electric vehicle stocks retreated along with the broader market in the week that ended on April 19, with company-specific developments also weighing down on stocks. It was a week to forget forTesla, Inc.(NASDAQ:TSLA), as the stock settled at the lowest level since January 2023.

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

Tesla Job Cuts, Estimate Re-Ratings And More:Tesla opted to right-size operations amid its fundamental travails. An email from CEOElon Musk shared by media said the company let go 10% of its global workforce, amounting to about...