The past week was a rollercoaster ride for the EV industry, with Tesla Inc. (NASDAQ:TSLA) making headlines in China and Japan, Rivian Automotive Inc. (NASDAQ:RIVN) announcing its Georgia facility’s timeline and a sweet partnership, and the “Big Three” automakers facing potential profit wipeout due to Trump’s tariffs.
Here’s a quick recap of the top stories.
Tesla’s China Surge
Tesla has reportedly received a whopping 200,000 orders for its refreshed Model Y in China since its January launch, according to Chinese media platform 36Kr. This surge in orders, including refundable ones, is expected to boost Tesla’s deliveries in the coming months.