
Electric vehicle and allied stocks extended their losses in the week ending April 22, with market leader Tesla, Inc. (NASDAQ:TSLA) bucking the downtrend and closing above the key $1,000 psychological level. Meanwhile, the U.S.-listed Chinese EV trio plunged steeply amid delisting woes and the COVID disruptions in China.
Here are the key events that happened in the EV space during the week: