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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

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.

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EV Week In Review: Tesla Revs Up Supply Chain, Volkswagen Underlines China Thrust, Ford-GM Hint At Faster EV Transition, Fisker Bound For Europe And More

EV stocks rebounded following the weakness seen in the previous two weeks, thanks to the broader market recovery amid big tech news flow. The week witnessed monthly delivery updates from the Chinese EV trio, earnings reports from the Detroit duo, both of which are seriously pursuing EV transitions. Here are the key events that happened in the EV space during the week:

APPL