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Benzinga
Benzinga
Business
Shanthi Rexaline

Tesla Buyback Chatter Grows Louder Amid Stock Weakness, Lucid Weathers Supply Constraints In Q3, Nikola's Trevor Milton Convicted Of Fraud And More: The Week's Biggest EV Stories

Trevor Milton Nikola Lucid Elon Musk NYSE electric vehicle Nasdaq

Electric vehicle stocks came under selling pressure in the week ended Oct. 15, dragged by the broader market weakness. Market leader Tesla Inc. (NASDAQ:TSLA) continued to be punished by traders and has now lost about half of its market capitalization relative to the time the stock hit its record high in November.

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

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