Text size Li Auto ONE Courtesy of Li Auto Chinese electric-vehicle maker Li Auto reported a profitable fourth quarter even as the company ramped up spending on vehicle development. The results looked ...
Tag: Alternative Fuel Vehicles
Nikola Reports a Smaller Loss Than Expected. Shares Are Rocketing.
Text size Nikola’s CEO said the company is “laser-focused” on delivering vehicles to customers and generating revenue. Courtesy Nikola Stock of the electric and hydrogen-electric tru...
Lucid Stock Falls on First Recall. This One Isn’t Fixed With Software.
Text size The Lucid Air electric sedans will have to go to the shop for a fix. David Paul Morris/Bloomberg Electric-vehicle start-up Lucid has its first recall listed on the National Highway Traffic S...
‘You should publicly announce where the money is going to’: Elon Musk gave $5.7 billion in Tesla stock to charity, but the beneficiaries may forever remain a secret
Elon Musk will happily broadcast a few choice words about U.S. senators, but he’s quieter when it comes to his philanthropy. There’s a good chance the public may never know which charity or charities ...
Elon Musk gave 5 million Tesla shares to charity after teasing possible donation to fight world hunger
Tesla Inc. Chief Executive Elon Musk donated more than 5 million Tesla shares in November, days after the U.N. World Food Program outlined a plan to potentially use a $6 billion donation from the worl...
George Soros Buys a Big Rivian Stake
Text size Soros Fund Management’s stake was worth about $2.1 billion at the end of December. Courtesy Rivian George Soros’ family investment office, Soros Fund Management, revealed a new stake i...
Billionaire George Soros reveals stake in Rivian, sells some tech shares
Billionaire George Soros’ investment fund has taken a more than $1 billion stake in electric-pickup maker Rivian Automotive Inc. According to a filing with the Securities and Exchange Commission on Fr...
Tesla Finally Gets a Mention as Biden Talks Up Electric Vehicles
Text size President Joe Biden spoke in Washington, D.C., on Tuesday. Brendan Smialowski/AFP/Getty Images President Joe Biden just publicly said the T-word— Tesla —seeming to extend an olive branch to ...
Amazon holiday earnings blow away expectations (thanks to Rivian), stock spikes
Amazon.com Inc. executives thought that supply-chain and staffing concerns could wipe away their holiday profit. They were wrong. Amazon AMZN, -7.81% reported fourth-quarter profit of $14.3 billion, o...
Opinion: Biden borrows too much, while America’s economy hollows out
It’s easy to be distracted by Russia’s provocations in Ukraine and the Federal Reserve’s new war on inflation but as the economy recovers from the delta and omicron variants, difficult post-pandemic c...
Tesla Reported Record Profits. Its Stock Was Punished. It’s a Better Buy Than GM or Ford.
Text size The reaction to Tesla’s fourth-quarter earnings report was the worst to an earnings beat in its history. David Paul Morris/Bloomberg What the heck just happened to Tesla stock? Its shares go...
Tesla Earnings ‘Disappointed.’ Why Analysts Are Raising Their Price Targets.
Text size The inside of a Tesla car Model 3 is seen at a Tesla shop inside of a shopping Mall in Beijing on May 26, 2021. Nicolas Asfouri/AFP via Getty Images Tesla stock was falling Thursday after re...
Tesla’s Earnings Beat Was Better Than You Think. Here’s Why.
Text size Joe Raedle/Getty Images Tesla’s quarterly earnings call had everything: Robots, self-driving car claims, production updates and more. All that might have distracted investors from an importa...
Tesla Reports a Record Profit. Its Outperformance Was Below Average.
Text size Tesla earned $2.54 a share in the fourth quarter of 2021. Xiaolu Chu/Getty Images Tesla stock was bobbing around the break even line after the company reported better-than-expected earnings ...
Tesla Earnings Are Coming. They Better Be Good.
Text size A Tesla EV drives through the Las Vegas Convention Center Loop ahead of the 2022 Consumer Electronics Show held in Las Vegas this month. Patrick T. Fallon/AFP via Getty Images Trading in Tes...
Home Depot leads the list of 20 worst performers in the S&P 500 on Tuesday
Slightly positive isn’t good enough for this stock market. While market jitters on Feb. 22 were driven by Russia’s movement of troops into Ukraine, the U.S. stock market was also adjusting to the idea...