Fisker Warning, Tesla Price Incentives in China Latest in Tough Stretch for Many EV Makers

Key TakeawaysFisker said this week it's preparing for "another difficult year" and Tesla adjusted its pricing strategy in China to boost demand, in the latest of what's been a tough stretch for many electric vehicle makers.Apple reportedly canceled its plans to make an EV earlier in the week.The U.S. government opened an investigation into potential risks associated with connected vehicles made with Chinese tech and is considering new regulations.The developments come after Rivian and Lucid reported results ...