A successful Porsche IPO could unlock value at Volkswagen, an emerging Tesla rival. Here, a 2022 Porsche Taycan GTS Hockenheimring edition is being painted. Porsche Text size With the exception of Tes...
Tag: Alternative Fuel Vehicles
Tesla Is Planning a New Business
Text size Tesla has new plans to lower its lithium-ion battery costs. Ronny Hartmann/AFP via Getty Images Auto makers around the world are scrambling to secure raw materials to expand battery capacity...
Tesla’s Planning a New Business. It’s a License to Print Money, Says Musk.
Text size Tesla has new plans to lower its lithium-ion battery costs. Ronny Hartmann/AFP via Getty Images Auto makers around the world are scrambling to secure raw materials to expand battery capacity...
Yellen pledges to target high-earning Americans in bid to keep U.S. finances on ‘sound footing’
U.S. Treasury Secretary Janet Yellen on Thursday pledged to pursue tax increases for high-earning Americans in a bid to keep U.S. finances sound, as she gave a speech in Michigan on the Biden administ...
Cheaper electric vehicles coming despite rising battery costs
WARREN, Mich. (AP) — Even though battery costs are rising, auto companies are rolling out more affordable electric vehicles that should widen their appeal to a larger group of buyers. The latest came ...
Rivian Stock Jumps. It Will Make All-Electric Commercial Vehicles With Mercedes.
Text size Rivian makes electric delivery vans for Amazon. Mustafa Hussain/Getty Images Rivian Automotive and Mercedes-Benz will partner to build all-electric commercial vehicles. Investors didn’t expe...
Ford and Rivian Recall Some EVs
Text size Rivian and Ford have recalled some of their EVs including the R1S, R1T and Mustang Mach Es. Courtesy of Rivian Ford Motor and Rivian Automotive recalled some electric vehicles. EV recalls ar...
Opinion: The Alieno Unum is purported to be a 5,221-horsepower EV funded by its own crypto. We tried to get to the bottom of this $2.7 million hypercar.
The first Rimac Nevera was delivered to a customer last month, marking a historic moment in electric vehicles. The Croatian hypercar takes the crown as the most powerful (1,813 horsepower) and fastest...
Lucid Stock Takes a Tumble. Why? Look at the Shareholder Mix.
Illustration by Elias Stein Text size A sudden drop in Lucid Group ’s stock price highlights a key investing insight: Shareholder mix matters. The electric-vehicle maker’s shares (ticker: LCID) fell 6...
Ford’s U.S. Sales Rose 27% in August on Strong EV Demand
Listen to article (2 minutes) Ford Motor U.S. sales rose 27% in August, rebounding from year-ago production shortages and benefiting from increased demand for electric vehicles. Ford has been posting ...
Toyota Is Upping Its EV Game to Catch GM, Ford, and Tesla
Text size An all-electric 2023 BZ4X from Toyota. The company sold only 14,000 all-electric vehicles in 2021. Courtesy of Toyota The automotive giant Toyota Motor is starting to pivot away from hybrid ...
Lucid, SoFi, and 3 Other SPAC Stocks Whose Downturns Might Be Ending
Text size Most SPAC-related stocks, including Virgin Galactic, haven’t been soaring in recent months. Courtesy Virgin Galactic Sometimes the best time to look for new investment ideas are when t...
Tesla Stock Takes Hit From Nvidia’s Warning About Business With China
Text size Production at Tesla’s Shanghai Gigafactory could face another supply problem in coming months. Xiaolu Chu/Getty Images Nvidia ’s new chip problem can impact shares of some chip custome...
Alibaba, Nio stocks rally along with other Chinese names as SEC reaches audit deal with China
U.S-listed shares of Alibaba Group Holding Ltd. and Nio Inc. were among Chinese names trading higher in morning action Friday after the Securities and Exchange Commission announced that it has struck ...
EV Charging-Station Operators Set to Battle for Ad Dollars
The next battleground in the fight for U.S. marketers’ advertising dollars may be charging stations used by the growing number of Americans who own electric or hybrid plug-in vehicles. ChargePoint Hol...
Opinion: Ford’s job cuts are just the beginning of another EV earthquake
Electric vehicles, or EVs, promise a green automotive revolution, but this will not come without uncomfortable transitions in the labor force. Those trade-offs are coming starkly into focus, raising q...
Tesla Cash Hoard Could Hit Half-Trillion by 2030. What That Money Could Do.
Text size Could Tesla really have $500 billion on its books at the end of 2030? One analysts believes its possible. Patrick T. Fallon/AFP via Getty Images Tesla ’s cumulative free cash flow could amou...
Ford Confirms Layoffs, Says It Is Cutting About 3,000 Jobs
Updated Aug. 22, 2022 4:58 pm ET Listen to article (2 minutes) Ford Motor confirmed Monday it is laying off roughly 3,000 white-collar and contract employees, marking the latest in its efforts to slas...
Buy Tesla Stock Because It’s ‘Christmas in August’
Text size A Tesla, Inc. electric vehicle departs after charging at supercharger location in Hawthorne, California Patrick T. Fallon/AFP via Getty Images A Tesla bull is a little more bullish after the...
Largest U.S. Pension Bought EV Stocks Rivian and Li Auto. What It Sold.
Text size The Rivian R1S. Pension giant Calpers bought more Rivian shares in the second quarter. Courtesy of Rivian America’s largest public pension has increased bets in electric-vehicle makers. Cali...
Rivian Drops Cheapest Versions of Its Electric Truck and SUV Models
Electric-vehicle startup Rivian Automotive Inc. is discontinuing the cheapest versions of its pickup truck and SUV models, citing low customer demand. Eliminating the base version, dubbed the Explore ...
Polestar Gets Sell Rating. Its Shares Rise.
Text size Lucid stock is down 74% from its 52-week high. Courtesy Lucid Motors The bubble in small capitalization electric vehicle stocks inflated then popped. Small EV shares still trade strangely, h...