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 ...
Tag: automotive
Why the 60/40 model suddenly has life again
The good ol’ 60/40 portfolio, designed to produce decent returns in all environments, is having one of its worst years ever. Going by the simplest possible construction — 60% in the S&P 500 SPX, +...
Vertical Aerospace Stock Soars. American Airlines Provides Cash for eVTOL Maker.
Text size There are many new players vying for eVTOL market share, including Vertical Aerospace. Courtesy Vertical Aerospace Vertical Aerospace , the eVTOL maker, secured some expected funding from Am...
Elon Musk Warns U.S. and EU of New Energy War
Elon Musk completely disrupted the automotive industry. With Tesla (TSLA) – Get Tesla Inc. Report, the manufacturer of premium electric vehicles, the richest man in the world has caused a real ...
Tesla, Ford, and GM’s Plan to Unlock EV Battery Capacity
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...
California Truckers Struggle to Comply With New Employment Law
Trucking companies and truck owner-operators are scrambling to figure out how to operate under a new California law that toughens definitions of nonemployee drivers, upending decadeslong practices tha...
Tesla Rival Rivian Makes Big and Deep Changes
Rivian ( (RIVN) – Get Rivian Automotive Inc. Report) is in the process of launching a major restructuring to become more “nimble” to weather a difficult period for the automotive ind...
Walmart Gives Embattled Tesla Rival Canoo a Lifeline
Canoo (GOEV) – Get Canoo Inc. Report, a young electric-vehicle manufacturer navigating serious financial stresses, got a lifeline just when it needed it. The financial problems have clouded Can...
Tesla Is Doing to Car Makers What Apple Did to Nokia. Will History Repeat?
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...
Tesla Rival Rivian Considers a Major Move
Rivian ( (RIVN) – Get Rivian Automotive Inc. Report) is preparing for the tough times ahead. The young manufacturer of electric vehicles, considered one of Tesla’s ( (TSLA) – Get Te...
Elon Musk Embraces a Conservative Cause
When Elon Musk believes in an idea or a product, he goes all the way to defend it or make it happen. Tesla (TSLA) – Get Tesla Inc. Report is the very example of this determination. Many were ...
Toyota Loses Big Advantage to Tesla and GM
Toyota (TM) – Get Toyota Motor Corporation Report is on one knee. The Japanese automaker has enjoyed a big advantage for a long time, enabling it to seduce consumers interested in less polluti...
Tesla Stock Today: Elon Musk’s Twins, EV Charging and What Else to Know
Text size It was revealed that Tesla CEO Elon Musk had twins last year with one of his top executives. Getty Images Shares of electric vehicle maker Tesla rose 1% in premarket trading Thursday. Here’s...
This strategist warned investors not to chase momentum at the top. Now he says it’s time to be a contrarian.
Michael Darda, chief economist and market strategist at MKM Partners, was no fan of the stock market when it was registering record highs. “Blinded by liquidity and false expectations of the proverbia...
States spend billions on EVs to replace automotive capital Michigan
For as long as there has been an auto industry, Michigan has been its epicenter. But now, the industry is making clear that it is not bound by tradition. The move to electric vehicles — rapidly accele...
Rivian Cranked Up Production in Second Quarter at Illinois Factory
Rivian Automotive Inc. said it produced 4,401 vehicles in the second quarter, the latest in the electric-vehicle maker’s efforts to overcome parts shortages and production snarls to fulfill orders for...
Rivian Electric Trucks Outsell Ford F-150 Lightning, Stock Soars
Text size Rivian delivered 4,467 vehicles in the second quarter, up 264% from the first quarter. Courtesy Rivian Rivian Automotive gave investors an update on production that quickly sent the stock hi...
NIO conducts own probe into Grizzly short-seller report, retains forensic accounting firm
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...