Here are the key events that happened in the EV space during the week:
Tesla’s Cybertruck Launch, Swedish Strike Update And More: After four years of its unveiling, Tesla’s Cybertruck finally saw the light of the day. The company held a grand delivery event Thursday afternoon at its Giga Austin facility and handed over the first few vehicles to customers. Delving into the details Tesla made available on its website, most analysts said the EV pickup truck was pricier.
Deepwater Asset Management’s Gene Munster, who is bullish on Tesla, said the final pricing of the three trim levels was at least 20-25% above his expectations. He also said the Cybertruck will likely be a “side story” until the company fully ramps up production to an annual production rate of 25,000 units in 2026.
Tesla continues to fight union troubles in Sweden as the Elon Musk-led company sued the Swedish Transport Agency after employees affiliated with Sweden’s public service union, Fackförbundent ST, stopped delivering mail, including license plates, to Tesla, local news outlet Dagens Industri reported.
Fisker’s Chairman and CEO Henrik Fisker, however, sounded upbeat. “We may not have hit our original forecast but taking current market conditions and negative sentiments around EV sales into account, I would say we are doing quite well, as we continue to accelerate sales and deliveries,” he said in a statement. Fisker is among the startups that are struggling to ramp up production amid an inclement economic environment and a slowdown in EV adoption.
See also: Best Electric Vehicle Stocks
Ford’s intention behind the program was to improve the speed and efficiency of EV deliveries in order to better compete with Tesla and other startup EV manufacturers. The Electrek report said Ford announced it would ease some of the requirements in January.
The Shanghai-based EV startup reported Friday that its November deliveries were at 15,959, down 0.72% from October but up 12.56% from a year ago.
Check out more of Benzinga’s Future Of Mobility coverage by following this link.
The KraneShares Electric Vehicles and Future Mobility Index ETF (NYSE:KARS) ended Friday’s session up 0.70% at $24.63, according to Benzinga Pro data. For the week, the ETF lost 1.16%.
Photo: Shutterstock
© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
To add Benzinga News as your preferred source on Google, click here.
