The week ending April 1 proved to be a mixed one, although the major EV manufacturers closed firmly in the green. Tesla, Inc. (NASDAQ:TSLA) shares rose above the $1,100 level before pulling back and yet closed with handsome gains amid company-specific developments.
As the industry navigates through geopolitical and macroeconomic risks, a lot of discussion is revolving around vertical integration and localizing the supply chain. Morgan Stanley analyst Adam Jonas said in a note this week that he believes Tesla may be better positioned than peers on this front.
