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Benzinga

Business

Shanthi Rexaline

Tesla China Sales Stutter, Oil-Rich Saudi Arabia Looks EV Way, Canoo's Quest For Vertical Integration, Fisker Stays On Course: Week's Biggest EV Stories

Canoo Fisker China Saudi Arabia Oil NYSE US Federal Reserve Nasdaq electric vehicle Nikola

Electric vehicle stocks mostly declined in the week ending Nov. 4, as another big rate hike delivered by the Federal Reserve weighed on risk appetite. Market leader Tesla, Inc. (NASDAQ:TSLA) remained under pressure amid investor worry over Elon Musk’s divided attention following his Twitter buy.

Now, here are the key events that happened in the EV space during the week:

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We Got This Covered

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