Also this month, Tesla took a cautious stance on increasing EV production capacity, with CEO Elon Musk saying he was nervous that larger borrowing prices would stop potential prospects from affording its vehicles regardless of value cuts. South Korean battery firm LG Energy Solution (373220.KS) last week warned of slowing income growth in 2024 due to global economic uncertainties affecting the outlook for EV sales. HSBC has said it’ll launch a recent $3 billion share buyback programme after third quarter income more than doubled, regardless of lacking revenue forecasts as prices rose. October’s reading of 3.5% was largely as a …