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Benzinga
Benzinga
World
Shanthi Rexaline

EV Week In Review: Tesla Giga Berlin Update, Rivian Crashes On Price Hike Gaffe, Lucid Slashes Guidance, Honda-Sony Team Up, Nio Headed To Hong Kong And More

Tesla Inc. Giga Berlin Hong Kong Li Lucid NIO Rivian Sony Nasdaq NYSE

The EV space was swathed in a sea of red in the week ending March 4, although market leader Tesla, Inc. (NASDAQ:TSLA) and a handful of stocks managed to buck the downtrend. The negative sentiment can be traced back to company-specific catalysts, which pressured stocks.

Here are the key events that happened in the EV space during the week:

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