Monday, 3 June, 2024

Tesla Shareholder Event Highlights While EV Layoffs Impact Lucid and Fisker

Tesla's shareholder meeting sparked attention with discussions on future plans and investor concerns. Simultaneously, the electric vehicle industry faces challenges as Lucid and Fisker announce layoffs, reflecting broader struggles in the sector. These developments highlight the competitive and volatile nature of the EV market, with companies adjusting strategies to navigate economic pressures and shifting consumer demands.