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Tag: Motor Vehicles
NIO, Li, XPeng Deliveries Offer Good News To Start 2023.
Electric vehicle investors start 2023 with some good news. Chinese EV makers NIO Li Auto and XPeng capped a wild year with strong delivery results in December. The three EV makers combined to deliver ...
Tesla told employees not to complain to managers about pay, labor director alleges
Electric-vehicle maker Tesla Inc. ran afoul of the law when the company told employees at an office in Florida not to complain to higher-ups about pay or discuss things like hiring, a U.S. labor board...
Leased electric vehicles now qualify for $7,500 tax break that kicks in Jan. 1
The U.S. Treasury Department will now allow electric vehicles that are leased to qualify starting Jan. 1 for up to $7,500 in clean vehicle tax credits. The law allows for a conditional $4,000 tax cred...
AMD Stock Should Benefit From Next-Generation Computer Chips
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...
Li Auto sees record EV deliveries in December
Li Auto Inc. said Friday that it delivered more than 20,000 electric vehicles in December, which is more than 33% above the previous monthly record delivered last month. The China-based EV maker’s ann...
Elon Musk Urges Tesla Workers Not to Worry About Share Price
Elon Musk told employees at Tesla not to worry too much about the company’s stock market dive over the past few days. “Don’t be too bothered by stock market craziness,” Musk wrote in an email to staff...
Cash Flow Will Be Key in 2023 for Ford, GM, and Tesla Investors
Headed into 2023, automotive investors have a lot to worry about including rising interest rates, vehicle affordability, car pricing, supply chains, inventories, and, of course, the possibilities of a...
Dow ends over 350 points lower as investors weigh housing data, 2023 recession concerns
U.S. stocks finished sharply lower on Wednesday, as investors assessed economic data on the housing market amid concerns over rising interest rates and economic growth in 2023. How stock indexes trade...
Lucid Stock Fell to New Low Despite $1 Billion Saudi Investment
Lucid Group stock continued to slide this week, despite a recent additional investment in the embattled electric-vehicle maker by Public Investment Fund, Saudi Arabia’s sovereign-wealth fund, of nearl...
5 things not to buy in 2023
It’s been a year of contradictions. The recession drum beats on, interest rates are rising, and the stock market has taken a tumble, and yet retail sales have risen 6.5% in the last 12 months, trailin...
‘Auto makers are building more expensive vehicles’: Why you should not buy a new car in 2023
There are always good reasons for most people not to buy a new car. Such a purchase can set you back for years, as high monthly payments delay the buildup of savings and investments that will be neede...
Car repos are on the rise, thanks to record-high monthly payments, recession warnings
Car repossessions have grown less common in the past two years, but those days may be over. Credit rating agency Fitch Ratings says repossession rates have nearly returned to pre-pandemic levels. Some...
What to expect for the stock market in 2023 after the biggest drop in 14 years
Investors have had a rough 2022 — the worst year since the financial crisis in 2008. There’s been a perfect storm of falling stock and bond prices as the Federal Reserve has raised interest rates to b...
Tesla stock suffers longest losing streak since March 2020 after Wedbush slashes price target by 30%
Shares of Tesla Inc. suffered their longest losing streak since the start of the COVID pandemic, after Wedbush analyst Dan Ives slashed his price target by 30%, citing “demand cracks” for the fourth q...
Stocks remain overpriced, even vs. the dot-com bubble. But you can still find good picks in these 2 sectors.
After stocks surged to their best gains in three weeks following strong consumer sentiment data, Thursday is looking less spirited with stocks in the red as we close in on the long Christmas weekend. ...
A Tesla Bull Sees Demand Softening. The Price Target Is Cut Again.
Elon Musk’s actions with Twitter aren’t the only thing concerning Tesla fans as the electric-vehicle stock heads for its worst-ever quarter. Tesla (ticker: TSLA) is now facing competitive headwinds in...
Tesla delivery-target miss shows ‘demand cracks clearly happening’ that mean ‘numbers could materially reset’ for coming years, analysts write
As Tesla Inc. shares slumped to their worst performance on record in the fourth quarter, the electric-vehicle company delivered fewer cars than analysts expected, according to a Monday announcement. T...