Tesla Brisk At Giga Shanghai, Musk Offloads More Shares, Canoo’s Dwindling Cash Position, Nikola Names New Leadership: Week’s Biggest EV Stories
Notwithstanding the broader market rally, electric vehicle stocks closed the week ending Aug. 12 on a mixed note. Market leader Tesla, Inc. (NASDAQ: TSLA) picked up momentum in the run-up to its stock split, which is set to take effect on Aug. 25.