
The EV space was broadly lower in the week ending May 13, although closing off their lows. The industry took cues from the broader market, which went through a steep sell-off early in the week before recovering on Friday. Market leader Tesla, Inc. (NASDAQ:TSLA) had another down week, while stock-specific catalysts triggered some wild swings in a few other stocks.
Here are the key events that happened in the EV space during the week: