Electric vehicle stocks advanced for most of the week ended December 2nd, helped by market-wide optimism about a possible Fed pivot and some company-specific catalysts. The Chinese EV trio of Nio, Inc. NEVER, XPeng, Inc. XPEV and LiAuto, Inc. LI were among the best performers of the week amidst The bargain hunting was set in motion by their November delivery dates.

Well, here are the main events that took place in the EV space during the week:

Tesla Price Cut, Semi-Launch and More: Shortly after a price cut and an increase in insurance incentives in China, Tesla, Inc. TSLA offered US buyers of its Model Y and Model 3 vehicles a $3,750 loan available in stock. The reduced prices raised concerns about a demand slowdown amid the uncertain economic environment.

The EV pioneer began deliveries of its Tesla Semi this week, about five years after it was first announced. The first deliveries went to the beverage giant PepsiCo. PEP. Tesla Bull and Future Fund’s Gary Black said the Semi will likely be Tesla’s most important hardware product to date. “People sleep on this product,” he added. During the launch event, the company said the Cybertruck will use the same charger as the new Megawatt V4 charger the company has developed for the Semi.

Separately, a report said Tesla’s production of Model Y SUVs at its Giga Austin plant is rising well, with the plant preparing to produce 75,000 units in the first quarter. This would bring the weekly production rate to 5,000 units.

See also: $1,000 invested in Tesla now would be worth that much by the end of the year if the rate of return matches historical norms

Ford November figures: Ford Motor Company f reported this week its November sales numbers, which underscored the progress it’s made in the transition to electric vehicles. The company announced that its US electric vehicle sales in November grew twice as fast as the industry as a whole, thanks to a 103% month-on-month increase.

“Ford America’s No. 2 Electric Vehicle Brand and Manufacturer…