Electric vehicle stocks had another bearish week, although the broader market turned back amid hopes for the course The Federal Reserve is exiting from an extremely hawkish stance. market leader Tesla, Inc. TSLA bucked the downtrend thanks to some upbeat analyst comments.

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

Tesla’s China woes abound, but the stock is making a comeback: Even if the cops were whining about the CEO Elon Musk’s Twitter missteps and slowing demand in China, some analysts rallied around the EV maker, who saw its stock plummet to a two-year low. During Morgan Stanley’s Adam Jonas flaunted the stock’s big sell by touting its 100 percent upside potential, the longtime bear and Citis Itai Michaelmas was tempted by the stock’s value proposition following its recent underperformance. He changed his stance from Sell to Neutral.

In another important development, a Chinese local media outlet reported that Tesla is considering a third price cut in China as demand has failed to pick up in response to the previous two cuts. In late October, Tesla cut the price of its made-in-China electric vehicles by about 5%, followed by a deduction from insurance payments in early November.

Tesla China has been affected by a recall of over 80,000 units of mostly imported cars due to a faulty battery management system and seat belt problems. Much of the recalls could be addressed through over-the-air updates, the company said in a filing with China’s regulator.

Another report suggested that Tesla could be eyeing another factory location in Asia, with South Korea rumored to be the most likely location.

Tesla’s Full Self-Driving Package Beta is now available to all vehicle owners in North America who have paid for it, Musk confirmed this week.

See also: Is Tesla signaling a comeback for growth stocks?

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