Tesla stock is down again, dropping for a second consecutive day. Are investors fretting about more electric-vehicle competition? Probably not. The stock chart is a better explanation for Monday’s dip...
Tag: STLA.MI
Horizon Therapeutics, Coupa Software, Rivian, and More Stock Market Movers
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Auto Makers Expect Car Sales to Defy Economic Gloom
Listen to article (2 minutes) Even as consumer spending cools, one place buyers continue to splurge is at the car dealership. Auto executives reporting earnings earlier this week displayed confidence ...
CATL Might Bring Battery Capacity to America With Mexico Plant, Report Says.
Text size Contemporary Amperex Technology is the largest and most valuable battery maker. Qilai Shen/Bloomberg The electric-vehicle battery giant Contemporary Amperex Technology might be readying its ...
China’s Auto Sales Are Booming. Can the Rebound Last?
Text size China’s auto market is showing a robust rebound. Here: a BYD Tang vehicle at the company’s showroom in Beijing. Qilai Shen/Bloomberg While the recent recovery in much of China’s ...
GM, NIO, and 3 More of the Best Car Stocks for the Second Half of 2022
Text size The average automotive stock dived about 25% in the second quarter. Drew Angerer/Getty Images The first half of 2022 was painful for the automotive sector, with most car stocks dropping fart...
Stock Market Today: Global Stocks, U.S. Futures Move Higher on Memorial Day
Text size Stock and bond trading will resume on Wall Street on Tuesday after Memorial Day. Ed Jones/AFP via Getty Images Global stocks and U.S. futures rose on Monday amid a quiet day for markets due ...
Rivian Stock Is Dropping Like a Stone. Blame Amazon.
Text size Amazon has ordered 100,000 delivery vans from Rivian. Courtesy Amazon Stock in Rivian Automotive is falling fast because it seems the start-up has competition in supplying electric trucks to...
Buy GM Shares, But Not Ford or Tesla. Here’s What One Analyst Says.
Text size GM looks to be the preferred U.S. auto maker pick among Wall Street analysts, with about 85% of analysts covering the stock rating it a Buy. Justin Sullivan/Getty Images Investors are bearis...