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How Tesla Bull Cathie Wood’s Ark Managed Its EV Holdings In 2022

Electric vehicles may be picking up traction among consumers but the rout in the financial markets in 2022 made sure no sector was spared in terms of stock price. What Happened: Some of the prominent EV players in the listed space have seen as much as 80% drop in their stock price since the beginning of the year.

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Musk Shrugs Off ‘Stock Market Craziness,’ COVID Resurgence Haunts Nio But Li Auto Shines, Canoo Sues Former Executives And More: Biggest EV Stories Of The Week

Electric vehicle stocks closed the final trading week of the year on a mixed note amid the volatility in the broader market. Tesla, Inc. (NASDAQ: TSLA) swung wildly before snapping three straight weeks of losses and closing just higher for the week.

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