Electric vehicle stocks ended the week ended May 5 on mixed marks strong comeback of the broader market in the last session of the week overcame several negative catalysts.

Here are the main events that took place in the EV space during the week:

Tesla price changes, sales in China and more: market leader Tesla, Inc TSLA Sales in China fell in April, according to data released by the China Passenger Car Association. Tesla sold 75,842 cars in April, down 14.66% from the 88,869 cars sold in March. Year-on-year sales grew higher in April compared to a year ago when China was struggling with COVID-19.

In comparison, Warren Buffett supported BYD Company Limited BYDDF BYDDY reported pure electric vehicle sales of 104,364 units in April, up 1.7% year-on-year.

Tesla has also apparently started to normalize prices. After the company implemented a series of price cuts since the beginning of the year increased the prices of Model S and Model X cars in China by about $2,750. Earlier in the week, the company increased prices on the Model 3 and Model Y in several markets, including the United States

As the release of Tesla Cybertruck Just inches closer, reports say Tesla has placed orders worth over $227 million for parts at South Korea’s Seoyon E-Hwa.

See Also: The Best Electric Vehicle Stocks

Fisker begins Ocean’s first shipments: The long-awaited Ocean SUV hit the market this week. Fishers, Inc. FSR confirmed that the original owner of the vehicle received a limited edition Ocean One Launch Edition from the CEO Henrik Fischer at a recently opened Fisker Center+ facility in Copenhagen, Denmark. In a statement, the company said the Ocean One and Extreme trims offer the longest range of any battery-electric SUV currently available on the European market.

Lordstown, to pull the plug on endurance: Troubled electric vehicle manufacturer Lordstown Motors Corp. DRIVE warned in its 10-Q filing that it expects production of the Endurance due to production delays occurring between January and…


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