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 leaderTesla, Inc.(NASDAQ:TSLA) 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...
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