After Akio Toyoda, CEO and President of Toyota, announced he was stepping down on Thursday, he shared his advice to his successor and his business philosophy. Photo by Yoshikazu Tsuno | Gamma-rapho | ...
Tag: Autos
Plug Power Stock Took a Dive. Here’s What Wall Street Thinks.
Shares of hydrogen and fuel cell technology company Plug Power took a hit after the company gave a disappointing update about how 2022 finished off. But Wall Street is still bullish about 2023. Wednes...
Audi’s new EV is SUV with augmented reality that doubles as pickup
Audi Activesphere EV concept Audi Audi’s new concept vehicle is an all-electric luxury SUV that uses augmented reality glasses and can double as a small pickup truck, signaling potential future ...
Mobileye Stock Gains After Blow-Out Earnings Show Growth in Self-Driving Cars
Car owners who want their vehicles to drive them around have been burned by years of overpromising by the auto industry. There are no truly self-driving cars. Autonomous-driving technology is getting ...
Tesla’s price cuts could spur an EV pricing war
A Tesla showroom is seen in the City Center shopping center on January 17, 2023 in Washington, DC. Anna Moneymaker | Getty Images DETROIT — Tesla vehicles in the U.S. are seeing significant price cuts...
The $7,500 EV tax credit may be tougher to get starting in March
Maskot | Maskot | Getty Images Getting a $7,500 tax break for the purchase of a new electric vehicle will likely get harder in a few months — meaning prospective buyers who want the financial incentiv...
Tesla plans to spend $3.6 billion more on manufacturing in Nevada
An aerial view of the Tesla Gigafactory near Sparks, Nevada Bob Strong | Reuters Tesla plans to spend $3.6 billion more on expanded battery and heavy duty truck manufacturing in Nevada, the company sa...
Microsoft, Texas Instruments, Tesla, Intuitive Surgical, and More Market Movers
This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com. https://www.barro...
A Tesla Debate Just Happened. Both Sides Were Wrong.
A big Tesla bull-bear debate just went down, but most of the ground covered was old news. Investors should be asking different questions about the industry and how Tesla can keep growing. Friday after...
7 EVs That Cost Less Than the Average New Car After Tax Credits
Electric vehicle buyers in the U.S. can now get a purchase tax credit from the government, and it has pushed the price of several high-volume EVs below the average price paid for a new car in America....
7 EVs That Qualify for a Tax Credit—and Cost Less Than the Average New Car
Electric vehicle buyers in the U.S. can now get a purchase tax credit from the government, and it has pushed the price of several high-volume EVs below the average price paid for a new car in America....
GM investing in new V-8 gas engines, EV components
Line workers work on the chassis of full-size General Motors pickup trucks at the Flint Assembly plant on June 12, 2019 in Flint, Michigan. JEFF KOWALSKY / AFP / Getty Images FLINT, Mich. — General Mo...
Tesla shareholder Tencent backs Elon Musk despite Twitter distraction
A Tesla store in Changzhou, China, in April 2022. Tencent, known as one of the world’s largest gaming and social media firms, invested in Tesla in 2017, taking a 5% stake for around $1.78 billio...
Why it’s a hybrid and not an all-electric car
DETROIT – General Motors’ future may be in all-electric vehicles, but it still needs its current models to pay the bills to allow it to invest in those new products. That’s one of the reas...
The Window to Capture a $7,500 Electric-Vehicle Tax Credit May Be Closing. How to Snag It.
Americans are flocking to electric vehicles, pushing sales up 127% over the past two years. To sweeten the deal, the federal government is offering a tax credit of up to $7,500 for EVs and other “clea...
Chevy Corvette E-Ray hybrid sports car starts at $104,000
2024 Chevrolet Corvette E-Ray hybrid sports car GM DETROIT – General Motors’ first-ever “electrified” Corvette will be available later this year starting at more than $104,000, the a...
Why Toyota is battling criticism it has been too slow to invest in EVs
The world’s largest automaker, Toyota, is battling criticism it is behind rivals on electric vehicles, and is even working to try and block the transition to zero-emission electric fleets. But t...
Tesla’s Profits Are at Risk From Price Cuts. It Could Get Bad.
Tesla is cutting its prices, so Wall Street is lowering its forecasts for earnings, fearing profit margins will be decimated. That makes 2023 a scary time for investors in the electric-vehicle company...
10 auto industry predictions for 2023
A customer looks at a vehicle at a BMW dealership in Mountain View, California, on Dec. 14, 2022. David Paul Morris | Bloomberg | Getty Images DETROIT — Wall Street and industry analysts remain on hig...
Tesla price cuts accelerate EV market’s first recession stress test
Pedestrians walk past the Tesla Motors official authorized car dealer store in Hong Kong. Sopa Images | Lightrocket | Getty Images Is the first electric-vehicle recession here, or coming soon? As elec...
Exxon Mobil Stock Should Shine, Even in a Recession
These reports, excerpted and edited by Barron’s, were issued recently by investment and research firms. The reports are a sampling of analysts’ thinking; they should not be considered the views or rec...
Porsche reports uptick in global sales despite big drop in Taycan EV
Porsche shares rose in their stock market debut Thursday, in one of the biggest public offerings in Europe ever. Bloomberg | Getty Images Porsche managed to increase its global deliveries last year by...
Buy Rivian and Tesla Stock, Sell Fisker and Lucid Stock, Analyst Says. Here’s Why.
Tesla ‘s coming price cuts are going to make it very difficult for other electric vehicle startups—which means investors will have to be choosier when selecting stock in the sector. The Tesla (ticker:...