News Snapshot:
The US-listed shares of China-based electric vehicle makers were knocked lower Monday, after new COVID-related restrictions imposed in China over the weekend took a broad swipe of stocks in the US and China. NIO Inc.’s stock NIO, + 0.44% slid 3.2%, Xpeng Inc. shares XPEV, -0.96% shed 4.9% and Li Auto Inc.’s stock LI, -0.97% gave up 3.8%. Shares of Tesla Inc. TSLA, + 2.54% , which generated 24.8% of its first-quarter revenue from China, rose 0.6%, but they were boosted by Chief Executive Elon Musk said over the weekend that he was terminating his Twitter Inc. TWTR, -5.10% buyout...
