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Electric-vehicle startup Rivian Automotive Inc. is warning that planned revisions to the EV tax credit would put the young car maker at a disadvantage to more-established competitors. The proposed cha...

Finance

Tesla Stock Falls After a Blowout July as Vote on Stock Split Looms

08/02/2022

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Text size Tesla’s shareholder meeting is on Thursday. Nicolas Asfouri/AFP via Getty Images Tesla stock was slipping back Tuesday amid a wider dip in stock markets as a crucial shareholder meetin...

Finance

NIO, XPeng, and Li Auto Deliveries Cool Off in July. The Stocks Jump Anyway.

08/01/2022

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Text size NIO delivered more cars year over year in July. But deliveries fell from June. Odin Jaeger/Bloomberg Demand for Chinese electric vehicles cooled off in July. Falling EV sales in the world’s ...

Finance

Giant Pension Bought Apple Stock. It Sold Tesla, Microsoft and AT&T.

08/01/2022

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Text size An Apple store. Dan Kitwood/Getty Images Oregon’s public pension recently made big changes in some of its biggest stock investments. The Oregon Public Employees Retirement Fund bought more s...

Finance

Climate Bill Stands to Give Green-Energy Investors a Lift

07/30/2022

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Listen to article (2 minutes) Investors were already returning to clean-tech and renewable-power stocks when the proposed $369 billion Senate energy and climate-spending package jolted the sector to i...

Finance

Rivian Was Responsible for Amazon’s Loss. The Market Was Ready This Time.

07/29/2022

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Text size Amazon’s loss was due almost entirely to the drop in Rivian stock. Courtesy of Rivian Amazon.com lost money in the second quarter of 2022. Rivian Automotive was the reason, again. Rivi...

Finance

Amazon stock jumps 14% as sales beat and AWS growth overcome a second straight quarterly loss

07/28/2022

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Amazon.com Inc. decided to cut back after years of pouring money into growth, and the result was a second consecutive quarterly loss, but a beat on sales and continued strong growth from Amazon Web Se...

Finance

Ford, GM earnings preview: Will 2022 outlooks be intact?

07/26/2022

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General Motors Co. and Ford Motor Co. are scheduled to report second-quarter earnings on Tuesday and Wednesday, with investors worried about their guidance for the year amid fears of a recession. GM G...

Finance

These 20 stocks still have at least 48% upside, analysts say, despite the S&P 500’s 8% gain from its lows

07/26/2022

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The S&P 500 has climbed 8% since June 16, when it closed at its lowest point this year. While the benchmark index is still down 17% this year, analysts expect it to soar 21% over the next 12 month...

Finance

Tesla Wasn’t a ‘Money Furnace’ After All

07/24/2022

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Text size Tesla’s credit metrics look better than automotive peers. They look better than many large-cap stocks too. Justin Sullivan/Getty Images It turns out that money furnaces don’t have to b...

Finance

Tesla Stock Could Hit $900 in Its Latest Surge

07/24/2022

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Text size Tesla CEO Elon Musk’s Twitter saga appears to be a concern still for investors. Mario Tama/Getty Images Tesla stock is on one of its hot streaks again. Shares are climbing Friday, putt...

Finance

Tesla Is Set for Settlement Talks Over Musk Tweets About Taking Company Private

07/23/2022

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Tesla is scheduled for court-ordered settlement talks in a shareholder lawsuit over Chief Executive Officer Elon Musk’s 2018 tweets suggesting he had funding to take the company private. In a court fi...

Finance

VW Board Ousts CEO Herbert Diess After Pivot to Electric Vehicles

07/23/2022

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Key shareholders in Volkswagen joined forces with labor leaders to oust Chief Executive Officer Herbert Diess, who was in the midst of a push to turn the German auto company into a top maker of electr...

Finance

25 Stocks That Could Rise on a Short Squeeze

07/23/2022

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Investors betting against electric-vehicle stocks take note: Five of 25 stocks that short-selling research firm S3 Partners identified this month as being at risk of a short squeeze are in the EV busi...

Finance

Rivian Stock Is Surging Thanks to Amazon

07/21/2022

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Text size Amazon has begun using Rivian’s all-electric delivery vans. Jamie Kelter Davis/Bloomberg Stock of electric-truck start-up Rivian Automotive is rising, and Amazon.com is the reason. The...

Finance

Ford Now Has Enough Batteries to Grow EV Deliveries Faster Than Tesla—Profitably

07/21/2022

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Text size The Rouge Electric Vehicle Center Ford plant. Courtesy of Ford Batteries are a critical success factor for any auto maker looking to win electric-vehicle market share. Ford Motor sad it has ...

Finance

Ford Plans to Cut Several Thousand Salaried Jobs

07/20/2022

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Ford Motor Co. is planning to cut several thousand white-collar workers as it looks to trim costs to position the company for a long-range transition to electric vehicles, according to people familiar...

Finance

GameStop, AMC, EV Startups, and Others Are Among the Most Shorted Stocks

07/20/2022

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Text size Lordstown Motors is on a list of squeezable stocks. Courtesy Lordstown Motors Investors who have bet against the electric-vehicle industry should take note. Five of 25 U.S. companies that th...

Finance

Canoo, Lordstown, Other EV Startups Are at Risk of a ‘Short Squeeze’. Beware.

07/20/2022

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Finance

VW’s New EV Brand Scout Will Take on the Ford F-150 and Jeep

07/20/2022

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Text size VW plans to get into the electric-truck business. Waldo Swiegers/Bloomberg What’s old is new again—if you turn it into an electric vehicle like Volkswagen is doing. The German automotive gia...

Finance

CATL Might Bring Battery Capacity to America With Mexico Plant, Report Says.

07/18/2022

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Text size Contemporary Amperex Technology is the largest and most valuable battery maker. Qilai Shen/Bloomberg The electric-vehicle battery giant Contemporary Amperex Technology might be readying its ...

Finance

Hate Tesla? Investors Can Short the EV Maker With a New Single-Stock ETF.

07/17/2022

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Text size There is a single-stock ETF that allows anyone to short Tesla stock now. Chris Delmas/AFP via Getty Images Tesla investors have a new way to play the electric vehicle maker in the U.S.—singl...

Finance

Tesla, Ford, and GM’s Plan to Unlock EV Battery Capacity

07/15/2022

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Text size Panasonic will put up an EV battery plant in Kansas. It’s the latest of a long list of planned battery plants coming to North America. David Becker/Getty Images Lithium batteries are t...

Finance

Rivian CEO Hosted an All-Hands Meeting. What Was Discussed.

07/15/2022

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Text size Electric-truck start-up Rivian recently announced layoffs. Courtesy Rivian Fast-growing electric-truck start-up Rivian Automotive is laying off workers. The news surprised the market earlier...

Finance

Ford Closes EV Battery Deal With Partner. Billions in Spending Is Coming.

07/15/2022

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Text size Ford is aiming to sell two million EVs globally a year by 2026. Christof Stache/AFP via Getty Images Ford Motor and Korea’s SK Innovation sealed the deal on the creation of a joint venture t...

Finance

Elon Musk: ‘Lithium Batteries Are the New Oil’

07/14/2022

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Text size Tesla CEO Elon Musk speaks during the official opening of a Tesla plant in Germany. Christian Marquardt/Getty Images Tesla CEO Elon Musk defined energy independence for an electric-vehicle w...

Finance

Tesla Is Doing to Car Makers What Apple Did to Nokia. Will History Repeat?

07/12/2022

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Text size Volkswagen’s software delays underscore why Tesla will be so hard to catch, according to one analyst. Sean Gallup/Getty Images Tesla is disrupting the car business, a little like how A...

Finance

NIO conducts own probe into Grizzly short-seller report, retains forensic accounting firm

07/11/2022

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NIO Inc. said Monday that it has formed a committee to look into recent allegations that the China-based electric vehicle maker is using an affiliate battery maker to boost financial results. Short-se...

Finance

Twitter Didn’t Seek a Sale. Now Elon Musk Doesn’t Want to Buy. Cue Strange Legal Drama.

07/10/2022

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Elon Musk’s showdown with Twitter has set the stage for what could become one of the most unusual courtroom battles in corporate-takeover history—a spurned acquisition target that never sought to be b...

Finance

Elon Musk Bails on Twitter: What It Means for the Stock

07/10/2022

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Text size Tesla CEO Elon Musk filed to end his $44 billion merger agreement with Twitter on July 8. POOL/AFP via Getty Images Tesla CEO Elon Musk’s move to terminate his $44 billion deal to purchase T...

Finance

Tesla Stock Stands to Gain if Musk Succeeds in Ending Twitter Deal

07/09/2022

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Text size Elon Musk announced he his ending his deal to buy Twitter, but the social media company said it plans to enforce the agreement. Jim Watson/AFP via Getty Images If Elon Musk succeeds in endin...

Finance

Elon Musk terminates deal to buy Twitter, and Twitter’s chairman promises a legal fight

07/08/2022

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Elon Musk is backing out of his agreement to buy Twitter Inc., and Twitter’s chairman has already promised a legal fight. In a letter sent to Twitter’s TWTR, -5.10% chief legal officer on Friday, the ...