EV Stocks Weekly Recap: Tesla’s China Bounce, Rivian Recall and Policy Shockwaves Rock the Sector (Dec 1–7, 2025)
U.S. EV sales collapsed in early December, hitting Ford and other legacy automakers after federal tax credits ended. Tesla posted rare sales growth in China and broke records in Norway, but cut prices again in Europe. Rivian recalled 35,000 vehicles, while Chinese EV makers reported strong deliveries but saw shares fall. Charging stocks slumped on warnings of weaker demand.