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Tesla’s Relief Rally, Volkswagen’s Diess Springs In Surprise, Lucid Beefs Up Management Team, Faraday Future Stalls And More: Week’s Biggest EV Stories

Electric vehicle stocks closed mostly higher in the week ending July 22, thanks to a strong earnings report from market leader Tesla, Inc. (NASDAQ: TSLA). Some stocks reacted to company-specific developments, while shares of Chinese EV makers, closed uniformly lower.

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Recap: SAP Q2 Earnings

  SAP (NYSE:SAP) reported its Q2 earnings results on Thursday, July 21, 2022 at 01:00 AM. Here's what investors need to know about the announcement. Earnings SAP missed estimated earnings by 11.3%, reporting an EPS of $1.02 versus an estimate of $1.15.

SAP