The first quarter was brutal for Rivian (RIVN) – Get Rivian Automotive, Inc. Class A Report. The stock took a beating on Wall Street after the company failed to deliver on its vehicle delivery...
Tag: automotive
Tesla stock pops after stock split plans disclosed
Shares of Tesla shot up Monday after the electric vehicle giant disclosed plans to enable a stock split, which would be the second in two years. The company TSLA, +6.94% said in an 8-K filing with the...
Tesla Shares Leap As Group Plans Stock Split Vote At Next AGM
Updated at 8:00 am EST Tesla (TSLA) – Get Tesla Inc Report shares jumped higher Monday after the clean-energy carmaker said it will ask shareholders to vote on a proposal that would enable the ...
Bird Brings Connected Automotive Tech To Ebikes Making Them Even More Desirable
The rise in popularity of ebikes has been as large, if not larger than that of EVs. Thanks to the pandemic, lots of people have wanted to explore forms of commuting that were less likely to place them...
Tesla, GM, and Volkswagen Each Lead the Car Industry in R&D Spending
Text size A Tesla car at the company’s new factory in Germany. Christian Marquardt — Pool/Getty Images Does Tesla spend the most money on research and development? Or is it General Motors? Or Vo...
Rivian Stock Gets a Target Price Cut. Wall Street Is Trying to Catch Up.
Text size Most analysts still rate Rivian shares Buy, despite the stock’s recent decline. Courtesy Rivian Analysts are adjusting their price targets for Rivian Automotive stock to reflect its ex...
Investing legend Bill Miller says there are many good values in the market even after relief rally
It’s a good time to get the perspective of the recent market rally from legendary investor Bill Miller, who beat the S&P 500 SPX, +1.43% for 15 years in a row and has seen a cycle or two. “No one ...
It’s the beginning of the end of globalization, say BlackRock’s Larry Fink and Oaktree’s Howard Marks
“The magnitude of Russia’s actions will play out for decades to come and mark a turning point in the world order of geopolitics, macroeconomic trends, and capital markets.” That was Larry Fink, CEO of...
The All-Electric Cadillac Lyriq Is Here. What It Means for GM Stock.
The Lyriq has 300 miles of driving range, via a 100-kilowatt-hour battery. Cadillac photo Text size General Motors began retail production of its all-electric luxury crossover vehicle, the Cadillac Ly...
Elon Musk Hails ‘Great Day’ As Tesla Delivers Maiden Berlin-Made EV
Updated at 11:27 am EST Tesla (TSLA) – Get Tesla Inc Report shares extended their longest winning streak since last November Tuesday as the carmaker delivered the first-ever Model Y sedan made ...
Green Startups, Flush With Cash, Face Pressure to Make Climate Advances
Green startups hit the lottery last year. Investors have turned cautious since then, putting added pressure on the cash-rich companies to deliver better batteries, more sustainable materials and zippy...
Tesla Stock, Nvidia Were Sold by Retail Traders. Here’s What They Bought.
Text size (Photo by CHRIS DELMAS/AFP via Getty Images) AFP via Getty Images Retail traders were taking a cautious approach by selling stocks like Tesla and Nvidia as the markets gained for a third con...
Mullen Automotive stock rallies 20%
Mullen Automotive Inc. MULN, +21.69% shares rose more than 20% on Friday, bringing weekly gains to more than 100%, after the southern California electric-vehicle startup was featured in a couple of ne...
GameStop stock shows rare resiliency as it rises to longest win streak in more than 4 years
Shares of GameStop Corp. continued to charge higher Friday, to extend the win streak that started nine trading days ago, after they closed at a one-year low. The videogame and consumer electronics ret...