Electric vehicle stocks mostly retreated in the week that ended on June 14 despite the broader market closing just shy of the record high.Tesla, Inc.(NASDAQ:TSLA) was in the spotlight this week amid its annual shareholder meeting on Thursday. The week also saw British EV startupArrival(OTC:ARVLF) confirming its bankruptcy filing.
Here are the key events that happened in the EV space during the week:
Tesla Dodges Bullet:After months of lobbying by Tesla's board, C-suite, and CEOElon Musk, shareholders adopted the resolution to reapprove the billionaire's 2018 compensation plan. The move lifted a...
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