Text size A large U.K.-based asset manager bought up Moderna and Nvidia stock in the fourth quarter. Clement Mahoudeau/AFP via Getty Images A large U.K.-based asset manager made big changes in its U.S...
Tag: Autos
Electric vehicle fires are rare, but hard to fight — here’s why
Electric vehicles provide a path to better air quality, reduced fuel costs and comprise a growing new category for automakers. But with the transition to electric transportation comes a new challenge:...
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 stock drops 8% as investors digest new vehicle delays
Tesla CEO Elon Musk unveils the Cybertruck at the TeslaDesign Studio in Hawthorne, Calif. The cracked window glass occurred during a demonstration on the strength of the glass. Robert Hanashiro | USA ...
EV manufacturing jumps in UK, overall production sinks to 65-year low
A Nissan Leaf on the forecourt of a dealership in Lincoln, U.K. Chris Ratcliffe | Bloomberg | Getty Images Car production in the U.K. slumped by 6.7% to just 859,575 units in 2021, new figures publish...
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...
China’s Baidu, Geely put nearly $400 million into electric car venture Jidu
An outline of Jidu’s concept car is pictured here. Jidu is the electric car company set up by Chinese internet giant Baidu and automaker Geely. Jidu plans to begin mass production and deliveries...
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 (TSLA) earnings Q4 2021
Elon Musk, Founder and Chief Engineer of SpaceX, speaks during the Satellite 2020 Conference in Washington, DC, United States on March 9, 2020. Yasin Ozturk | Anadolu Agency | Getty Images Tesla repor...
Bentley to invest $3.4 billion to exclusively offer EVs by 2030
A rendering of Bentley’s new electric vehicle production operatins in Crewe, England. Bentley Bentley Motors plans to spend 2.5 billion pounds (about $3.4 billion) over the next decade to become...
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...
Shares of Rivian and other EV start-ups tank amid stock sell-off
Rivian electric trucks are seen parked near the Nasdaq MarketSite building in Times Square on November 10, 2021 in New York City. Michael M. Santiago | Getty Images Shares of Rivian Automotive and oth...
Ford Bronco Raptor SUV is a ‘desert-racing beast,” CEO says
2022 Ford Bronco Raptor Ford DETROIT – Ford Motor is expanding its Bronco SUV lineup to include a new Raptor model that will go on sale later this year starting at about $70,000. The 2022 Ford Bronco ...
Behind GM, Ford’s new EV strategy is old-time financing: Cash
The cab to a Ford all-electric F-150 Lightning truck prototype is seen on an automated guided vehicle (AGV) at the Rouge Electric Vehicle Center in Dearborn, Michigan, September 16, 2021. Rebecca Cook...
GM unveils new high-performance SUV
2023 Cadillac Escalade V-Series Cadillac DETROIT – General Motors will offer a new performance version of its flagship Cadillac Escalade SUV, adding to a growing lineup of high-power gasoline vehicles...
Shares of autonomous driving tech company Luminar surge on Mercedes-Benz deal
Austin Russell, Luminar founder and CEO, with Markus Schäfer, Mercedes-Benz AG chief technology officer at Mercedes-Benz’ Sindelfingen, Germany plant. Mercedes-Benz Mercedes-Benz said Thursday i...
Why Is Ford Stock Down Again Today? A Downgrade Is Hitting Shares.
Text size Ford stock has climbed 95% over the past year. Brandon Bell/Getty Images Ford Motor stock has been been on a tear, cruising by most analyst price targets. That leaves analysts in an interest...
Ford’s Rivian Stake Is Worth Billions. Why That Might Be a Problem.
Text size Ford Motor Company’ logo Jeff Kowalsky/AFP via Getty Images Despite recent stock volatility, Ford Motor is making a mint on its investment in electric truck startup Rivian Automotive ....
ChargePoint Upgraded by J.P. Morgan. Pullback Could Be a Good Entry Point.
Text size ChargePoint’s pullback could be a good entry point for investors, J.P. Morgan says. Dania Maxwell/Bloomberg ChargePoint Holdings shares were up Friday after J.P. Morgan upgraded its ra...