"Elon Musk's Tesla Roadster: The Race for Supercar Dominance"

Elon Musk teases an amped-up Roadster with radical design goals and a production unveiling by the end of 2024, while Tesla reverses price cuts for Model Y variants in the U.S. and offers incentives in China. Apple reportedly shelves its self-driving car project to focus on AI initiatives, Fisker seeks a partnership to address financial concerns, and the Biden administration plans to block Chinese internet-connected vehicles from entering the U.S. market due to security risks. Canoo gets shareholder approval for a reverse stock split as EV stocks show mixed performances for the week.