Ford Raises Price for F-150 Lightning Electric Pickup Truck

Text size Ford’s F-150 Lightning truck previously cost around $40,000 to $90,000. It now ranges up to $96,874. Courtesy of Ford Ford Motor has increased the price of its electric F-150 Lightning...

Rivian Earnings Are Today. Production Is What Really Matters.

Text size The Rivian R1S should start shipping to customers in just a few months. Courtesy of Rivian Electric-truck maker Rivian Automotive is expected to report second-quarter numbers after the marke...

Travel costs fell in July. Here’s how you can score a good deal

Fluxfactory | E+ | Getty Images Travelers saw prices fall for big-ticket pieces of their vacation budgets in July, offering at least a temporary reprieve after soaring costs earlier this year. Airfare...

Inflation Reduction Act EV tax credits could hurt sales

Tesla cars charge next to a traditional Texaco gas station on July 17, 2022 in Nephi, Utah. With more electric cars on the road, lack of charging infrastructure is becoming more of a problem for EV ow...

Ford CEO doesn’t expect electric vehicle battery costs to drop soon

Ford CEO Jim Farley poses with the Ford F-150 Lightning pickup truck in Dearborn, Michigan, May 19, 2021. Rebecca Cook | Reuters WAYNE, Mich. – Ford Motor CEO Jim Farley does not expect the costs of r...

Nikola CEO Mark Russell to retire at the end of the year

Mark Russell, chief executive officer of Nikola Corp., left, during a media briefing at the unveiling of the Iveco-Nikola electric truck plant in Ulm, Germany, on Wednesday, Sept. 15, 2021. Andreas Gr...

Inflation Reduction Act extends $7,500 tax credit for electric cars

David Madison | Photodisc | Getty Images A federal tax break that’s available to car buyers for going electric may work differently starting next year. Under the Inflation Reduction Act — which ...

Ford increasing price of electric F-150 Lightning

Ford F-150 Lightning trucks manufactured at the Rouge Electric Vehicle Center in Dearborn Michigan. Courtesy: Ford Motor Co. DETROIT – Ford Motor on Tuesday said it is increasing the starting prices o...

Wage inflation, used car prices could jump higher: Jim Bianco

Washington’s efforts to curb inflation will fall short particularly this year, according to market forecaster Jim Bianco. And, he believes this week’s key inflation data will help prove it...

Mitsubishi’s Inca Jay Cockpit Of The Future Aimed At Giving Mid-Market Vehicles Skin In Autonomy Game

Center console display is part of Mitsubishi Electric Automotive America’s Inca Jay cockpit of the … [+] future. Mitsubishi Electric Automotive America It can tell if the driver seems grum...

Tesla Stock Is Splitting. When It Takes Effect and Everything Else to Know.

Text size Tesla stock will begin trading at a 3-for-1 split-adjusted price on Aug. 25. Justin Sullivan/Getty Images Tesla has given investors something to look forward to: The electric-vehicle giant a...

Tesla and 9 Other Companies That Would Take a Hit From a 15% Minimum Corporate Tax

Text size Nvidia has had a 4.7% tax rate and average pretax profit of $4.8 billion. Here, a cryptocurrency mining rig is equipped with Nvidia Geforce GPU at the Thailand Crypto Expo 2022. Andre Malerb...

What Stocks Are Moving Monday? Tesla, Palantir, First Solar and More.

Text size Tesla shares rise early Monday. (Photo by Justin Sullivan/Getty Images) Stock futures were trading higher Monday with investors assessing how aggressive the Federal Reserve will be in its ef...

Baidu’s robotaxis don’t need any human staff in these parts of China

Chinese tech company Baidu announced Monday it can sell some robotaxi rides without any human staff in the vehicles. Baidu BEIJING — Chinese tech company Baidu said Monday it has become the first robo...

10 Companies That Would Take a Hit From a 15% Minimum Corporate Tax

Text size Nvidia has had a 4.7% tax rate and average pretax profit of $4.8 billion. Here, a cryptocurrency mining rig is equipped with Nvidia Geforce GPU at the Thailand Crypto Expo 2022. Andre Malerb...

New Buyback Tax Will Force Companies to Think Twice on How to Use Cash

In the scrap over how to fund President Joe Biden’s spending plans, the Democrats’ focus has shifted from taxing private funds to public at the last minute. Sen. Kyrsten Sinema (D., Ariz.) backs dropp...

Musk Thinks Tesla Can Be World’s Most Valuable. Stock Split Is Part of the Plan.

Text size Spencer Platt/Getty Images Tesla ’s 2022 annual shareholder meeting has wrapped up. Investors voted on several issues, including an item that authorizes a higher number of shares outstanding...

Tesla’s Annual Meeting Is Done. Here’s What Happened.

Tesla wants to grow production by 50% a year. It soon may need another plant or major plant expansion to do so. Mario Tama/Getty Images Text size Tesla ’s huge base of retail investors always likes to...

Lordstown Motors (RIDE) Q2 2022 earnings and production

Workers install door hinges to the body shell of a prototype Endurance electric pickup truck on June 21, 2021 at Lordstown Motors assembly plant in Ohio. Michael Wayland | CNBC Embattled electric truc...

Hyundai to export heavy-duty hydrogen electric trucks to Germany

An XCIENT Fuel Cell truck photographed in South Korea on Nov. 10, 2021. A number of firms in the trucking sector are exploring ways to develop vehicles that use hydrogen. SeongJoon Cho | Bloomberg | G...

Tesla Has an Annual Meeting Thursday. What to Watch For.

Text size Tesla convenes its 2022 annual meeting of shareholders on August 4. Mario Tama/Getty Images Tesla ’s huge base of retail investors always like to hear from management and CEO Elon Musk. They...

3 takeaways from the Investing Club’s ‘Morning Meeting’ on Wednesday

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. Oil is all about Russia ...

Ford reports big jump in July sales, including for trucks and EVs

Ford F-150 Lightning at the 2022 New York Auto Show. Scott Mlyn | CNBC DETROIT – Ford Motor’s U.S. vehicle sales last month showed notable improvements in volumes and truck availability, as the ...

Ford stock posts best month since the Great Recession

2023 Ford F-150 Raptor R Ford DETROIT — Ford Motor’s stock on Monday added to its best month since the Great Recession in 2009, signaling a significant swing for the Detroit automaker this year....

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

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...

Pelosi’s Trip to Taiwan Is a Risk to More Than Just the Chip Industry

Asian stocks worked out early there is no good outcome from Nancy Pelosi’s current tour of the region. By landing in Taiwan Tuesday or Wednesday, the speaker of the House risks Chinese military retali...

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

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 ...

Ford Maverick Tremor off-road package 2022

2023 Ford Maverick Tremor Source: Ford Ford Motor is adding a new off-road-ready package to its Maverick pickup in a bid to extend the sales success of its hot-selling small truck.   The new Maverick ...

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

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...

Wireless EV Charging Company WiTricity Wins Major Investments, Partnership As Cord-Free Charging Expands

Tesla vehicle at WiTricity wireless recharging station. WiTricity Concerns of where they’ll plug in an electric vehicle to replenish its charge is a major obstacle for many consumers not ready t...

Inflation Reduction Act: What to Know About the Democrats’ Latest Economic Package

The bill Sen. Joe Manchin (D-W.Va.) and Majority Leader Chuck Schumer agreed to aims to address climate change, healthcare, taxes, and more. Photo by Kevin Dietsch/Getty Images Text size Build Back Be...

Amazon records $3.9 billion loss on Rivian holding in second quarter

Rivian CEO RJ Scaringe and Amazon CEO Andy Jassy tour one of the company’s electric delivery vans. Amazon Amazon’s stake in electric vehicle maker Rivian Automotive was once worth $27 bill...