Topline Shares of Tesla plunged to a fresh two-year low on Tuesday as the embattled automaker—already reeling from concerns chief Elon Musk has shifted too much focus to Twitter—reportedly faces a pro...
Tag: Carmaker
Losses Top $880 Billion As Rival Carmaker Warns Of ‘Challenging’ Weeks Ahead
Topline Shares of Tesla plunged to a fresh two-year low on Tuesday as the embattled automaker—already reeling from concerns chief Elon Musk has shifted too much focus to Twitter—reportedly faces a pro...
Bitcoin Miner Marathon Strikes Power Deal; Electric Carmaker Faraday Deflates As Short Squeeze Ends
Marathon Digital uses powerful computers like these to mine for bitcoin in datacenters and supercharged its operations with an agreement this week. Getty The U.S. stock market is heating up with the d...
Electric Carmaker Tesla (TSLA) Plans for Three-for-One Stock Split
Tesla said that the stock split would help its employees and investors with more flexibility in managing their equity and thus maximize stockholder value. Last week, electric carmaker Tesla Inc (NASDA...
Volkswagen CEO says carmaker will overtake Tesla on EV sales by 2025
The chief executive of Volkswagen believes Europe’s biggest carmaker can overtake Tesla to become the world’s largest seller of electric vehicles by 2025. Speaking to CNBC’s “S...
Renault’s Russian Assets Nationalized After Carmaker Sells To Moscow
Topline French carmaker Renault has sold its Russian assets to the Russian government, the company announced Monday, the first major nationalization of a Western company’s assets since Moscow threaten...
Vietnamese Carmaker Makes Bold and Risky Move to Challenge Tesla, Ford
It’s a bold and risky bet but it sends a clear message to local vehicle manufacturers: the cards for the American electric vehicle market are not yet completely distributed. There are still plac...