Tesla Analysts Brace For Q3 Sales Beat, Rivian Loses A Bull, Canoo Drives Across The Atlantic And More: Biggest EV Stories Of The Week

Tesla's stock is buoyed by strong sales in China, with analysts predicting a Q3 delivery beat of 470,000 units. Rivian faces a downgrade from Morgan Stanley due to increased capital intensity concerns. Canoo launches in the UK amid leadership changes and lawsuits. Nio begins deliveries of its low-end ONVO L60 EV, while GM partners with CATL for a fast-charging battery. Overall, electric vehicle stocks saw a positive week, driven by market strength and Chinese stimulus measures.