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Tesla Pace at Giga Shanghai, Musk More Shares Rollover, Canoo’s Declining Cash Position, Nikola Announces New Leadership: Biggest EV Stories of the Week

Regardless of the broader market rally, EV shares closed the week ending August 12 on a blended notice. market chief Tesla, Inc. TSLA It has gained momentum on its technique to the inventory break up, which can take impact on August 25. The week additionally witnessed earnings bulletins from a number of corporations on this house. Listed below are the important thing occasions that befell within the EV house through the week: Musk Began The Week By Promoting Shares: In late April, after Tesla steered that no additional gross sales of shares have been deliberate, the CEO elon musk It…

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