
EV shares had a mixed ride in the week ending February 25, as the Ukrainian conflict kept risk aversion going in the markets. Market leader Tesla, Inc. (NASDAQ:TSLA) continued to bleed during the week, having dropped to a psychological support of around $700, its lowest level since August 2021. The stock did stage a recovery late in the week to cut some of the losses.
Here are the key events that happened in the EV space during the week: