Tesla (TSLA) – Get Free Report bulls believe that the stock can rebound in 2023. Morgan Stanley analyst Adam Jonas said the value of Tesla’s shares can turn around after it declined by 36...
Tag: electric vehicles
Elon Musk Renews His Dogecoin Offer to McDonald’s
A year ago, Elon Musk, the billionaire CEO of Tesla, launched a big challenge to McDonald’s. At the time, the influence of the whimsical and charismatic entrepreneur was on the rise. He had nea...
Sea Level Rise Will Lead To Faster-Than-Expected Flooding On The Coasts
This week’s Current Climate, which every Saturday brings you the latest news about the business of sustainability. Sign up to get it in your inbox every week. getty One of the most well-known impacts ...
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 ...
Rivian Faces Another Key Exec Resignation
After a year of tough losses including the shrinking of of its market cap, Rivian’s (RIVN) – Get Free Report future appears to be challenging. Jim Chen, Rivian’s chief lobbyist who ...
Toyota Makes a Huge Announcement
A new era is about to begin at Toyota. For a long time, the world’s largest carmaker in sales has gone its own way. The Camry sedan maker has completely taken the opposite bet of the entire ind...
Nikola To Run Hydrogen Production, Fuel Cell Truck Stations Under ‘HYLA’ Brand
Nikola’s hydrogen production, distribution and fuel station network will operate under the HYLA brand name. Nikola Corp. Nikola, which wants to be a top producer of electric trucks powered by hy...
Elon Musk Claims a Letter From Cathie Wood Drastically Altered Tesla’s Future
“Cathie made me do it!” Tesla (TSLA) – Get Free Report CEO Elon Musk testified that Cathie Wood, Ark Investment Management CEO, played a role in his decision to scrap plans to take...
Cathie Wood Watch: Ark Unloads Some of a Favorite
Famed investor Cathie Wood, chief executive of Ark Investment Management, unloaded one of her favorite stocks Jan. 23, perhaps trying to take advantage of its recent rebound. Ark funds dumped 175,491 ...
Elon Musk Accuses Two Influential Firms of Controlling the Stock Market
Elon Musk likes to attack circles of power. It’s as if he’s on a mission. Nothing seems to motivate him more than slapping a revered institution or icon. He seems to be committed to challe...
Tesla Cuts Prices To Compete For EV Sales And Tax Incentives — Will The Discounts Be Enough To Spur Lagging Sales?
Getty Images Key takeaways Tesla announced U.S. price cuts to all its models, ranging from $3,000 to $11,000. There are multiple reasons for the cuts, including slowing sales, an EV tax credit and mor...
Could BYD Outpace Tesla If They Sold In North America?
LightRocket via Getty Images Key takeaways BYD is China’s largest manufacturer of electric vehicles (EVs). The company is outpacing Tesla in sales, selling 1.62 million cars between January and Novemb...
Lucid Motors Overdelivers On EVs In 2022, But Can It Compete With Tesla, NIO And Other Automakers?
Los Angeles Times via Getty Images Key takeaways: Lucid Group, a luxury electric vehicle maker, announced that it over delivered for 2022 by producing 7,180 vehicles instead of the original guidance o...
Cathie Wood Makes an Eye-Opening Prediction for Tesla
Famed investor Cathie Wood, chief executive of Ark Investment Management, is a true believer when it comes to electric vehicle titan Tesla (TSLA) – Get Free Report and its founder Elon Musk. Ar...
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...
Hertz, Denver partner on a broad electric vehicle and charging program
Hertz is teaming up with the city of Denver — and soon, it hopes, with other cities — to build out its charging infrastructure to support the ongoing transition to electric vehicles. The partnership i...
Cathie Wood Watch: Ark Piles Its Tesla Holding High
Famed investor Cathie Wood, chief executive of Ark Investment Management, continued her buying onslaught of Tesla (TSLA) – Get Free Report shares Jan. 17. That company, of course, is the domina...
Cybertruck Could Boost Revenue, Says Big Tesla Investor
Tesla CEO Elon Musk has made several promises recently, including the production of the long-awaited Cybertruck and finding a replacement for Twitter’s top executive. Investors will likely have ...
Cathie Wood Watch: Ark Keeps Building Its Tesla Position
Famed investor Cathie Wood, chief executive of Ark Investment Management, continued to bulk up on one of her darling stocks Jan. 13 — Tesla (TSLA) – Get Free Report. That company, of cour...
Tesla Gives Consumers a Good Reason to Buy EVs
U.S. consumers wanting to buy electric vehicles can smile. Tesla (TSLA) – Get Free Report and Chief Executive Elon Musk have just made a decision that will put them back in the driver’s s...
Elon Musk Reveals Tesla’s Savior
Tesla has become the world reference in the niche of electric vehicles. The firm and its whimsical and visionary CEO Elon Musk have become symbols of the decline in CO2 emissions from the automotive ...
Greener Gas Plants, Glass Onion’s Hydrogen Goof And The High Cost Of Disasters
This week’s Current Climate, which every Saturday brings you the latest news about the business of sustainability. Sign up to get it in your inbox every week. This combined cycle gas plant produces po...
Elon Musk and Tesla Give Consumers a Good Reason to Buy EVs
U.S. consumers wanting to buy electric vehicles can smile. Tesla (TSLA) – Get Free Report and Chief Executive Elon Musk have just made a decision that will put them back in the driver’s s...
Tesla’s Brand Is Tanking, Survey Finds
Tesla’s share price has recovered a bit this year. The same doesn’t appear to be true for its brand image, according to a Morning Consult survey. Visual China Group via Getty Images After ...
Lucid (LCID) 2022 EV production exceeds expectations
With 1,050 horsepower, the new Grand Touring Performance edition becomes the most powerful version of Lucid’s electric Air sedan. Lucid Motors Electric luxury vehicle maker Lucid Group said it p...
Cathie Wood Watch: Ark Buys Adobe, Tesla
The prominent asset manager Cathie Wood, chief executive of Ark Investment Management, bought shares of online content services provider Adobe Systems (ADBE) – Get Free Report Jan. 9. That may ...
Rolls-Royce 2022 sales soar, CEO says no slowdown in spending by the rich
Rolls-Royce sold a record number of cars in 2022 as demand for its $500,000 vehicles remained strong, despite recession fears, according to CEO Torsten Muller-Otvos. “We haven’t seen any s...
Cathie Wood Watch: Ark Buys More Tesla and Trims Nvidia Stake
Famed investor Cathie Wood, chief executive of Ark Investment Management, on Jan. 6 trimmed her position in Nvidia (NVDA) – Get Free Report while continuing to amass Tesla (TSLA) – Get F...