Tesla AI Job Cuts, Nio Stung By Short Report, Ford's F-150 Lightning Recall, Faraday Future The New Meme Stock In Town: Week's Top News From EV Industry
02 July 2022 - 11:52PM
Benzinga
Electric vehicle stocks declined in the week ending July 1,
taking cues from the retreat in the broader market. The S&P 500
Index fell in the first four sessions of the week amid economic
worries, before coming back up in the final trading session, and
yet ended the week lower. Company-specific news also hurt sentiment
toward some stocks.
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