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Benzinga
Benzinga
World
Shanthi Rexaline

EV Week In Review: Tesla Bets Big On China, Lucid Hit With Recall Woes, Li Auto Surprises With Quarterly Profit, Ford Puts to Rest Spin-off Talks And More

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:

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