BMW (BMW) just got a bit of bad news, and it couldn’t have happened at a worse time. The German luxury-vehicle manufacturer is, like all players in the industry, racing to offer electric cars...
Tag: Tesla
Millennial And Gen Z Stock Picks From Tesla To Apple: Should You Buy Them Too?Millennial And Gen Z Stock Picks From Tesla To Apple: Should You Buy Them Too?
Over the next 25 years Millennials and Gen Z will inherit nearly $70 trillion from their Baby Boomer grandparents and Gen X parents. But many of them are not waiting for the windfall to start investin...
Rivian Racks Up $4.7 Billion Loss, Sees Supply Snags Curbing EV Output
Newly built Rivian R1 T electric pickups. Rivian Rivian, the best-funded electric vehicle startup in U.S. history, said losses during its initial year of electric truck production were nearly $5 billi...
Rivian changing battery cells to LFP, following Tesla, and high-nickel
R.J. Scaringe, Rivian’s CEO, introduces the world to his company’s R1T all-electric pickup and all-electric R1S SUV at the Los Angeles Auto Show in Los Angeles, California, November 27, 20...
Amazon Is The Latest Mega-Cap To Announce Historic Stock Split, Here’s Who Might Be Next
Topline Amazon became the latest mega-cap tech giant to announce a stock split this week, and with shares rising on the news—much like Google-parent Alphabet after its split last month—experts predict...
Tesla’s China Sales Dropped. Tesla Stock Rose Anyway.
Text size Tesla delivered 56,515 vehicles from its Chinese plant in February. Sam Yeh /AFP via Getty Images Tesla sales from its plant in Shanghai fell in February from January, following the pattern ...
Tesla Bears, Watch Out. How the Stock Could Rise Like Apple’s Did.
Text size Tesla’s factory in Fremont, Calif. Josh Edelson/AFP via Getty Images Anyone bearish on Tesla stock should consider this: A lot of portfolio managers are underweight Tesla stock. Correc...
Russian Nickel Compounds Pain For Carmakers Contending With Chip Shortages
Volkswagen ID.5 electric cars being built at the company’s Zwickau, Germany, plant Getty Images Carmakers have struggled to maintain production levels for over a year owing to a computer chip sh...
Lucid, Rivian and Fisker Miss a Huge Opportunity to Knock Tesla Out
In sport, the challengers know that they must solidify the rare opportunities that will present themselves to bring down the big favorites. They must be realistic and seize any opportunity to destabi...
Korean Auto Giant Hyundai Unveils $16 Billion Plan To Accelerate Electric Vehicle Push
Hyundai Motor’s Euisun Chung. NurPhoto/NurPhoto via Getty Images South Korean auto giant Hyundai Motor plans to invest about $16 billion and roughly double its market share in the global electri...
Analyst: Tesla has removed a ‘major overhang’ on its stock
Tesla Inc (NASDAQ: TSLA) secured approval from German authorities to start commercial production at its Brandenburg Gigafactory, which means a “major overhang” has been removed from the st...
Beware Absurdly Expensive Tesla Wanna-Bes
NEW YORK, NY, UNITED STATES – 2019/04/17: Rivian R1S seen at the New York International Auto Show at … [+] the Jacob K. Javits Convention Center in New York. (Photo by Michael Brochstein/S...
Berkshire Hathaway’s Market Cap Climbs. It Could Soon Overtake Tesla.
Text size Berkshire Hathaway currently is the sixth most valuable stock in the S&P 500. Photograph by Luke Sharrett/Bloomberg Tesla is the fifth most valuable stock in the S&P 500. But Warren ...
Tesla Rivals Lucid, Rivian, Fisker Struggling to Compete
The love at first sight between investors and young manufacturers of electric vehicles seems to have died. As often in every relationship, the beginnings are marked by great promises. Everything seem...
Volkswagen to Build $2.2 Billion New EV Plant to Keep Up With Tesla
(Bloomberg) — Volkswagen AG is moving ahead with a plan to add an electric-car factory in Germany to keep pace with Tesla Inc., whose plant near Berlin is set to ramp up in the coming weeks. Mos...
At Ford, the Chip Shortage Isn’t Getting Any Better. There Are More Output Cuts.
Text size The Ford company logo is displayed on a sign outside of the Chicago Assembly Plant on February 03, 2021 in Chicago, Illinois. Scott Olson/Getty Images The semiconductor shortage that is cons...
Elon Musk IDs The Global Energy Problem, But Who Has The Solution?
Tesla CEO Elon Musk gestures as he arrives to visit the construction site of the future US electric … [+] car giant Tesla, on September 03, 2020 in Gruenheide near Berlin. (Photo by Odd ANDERSEN...
Dow Jones Falls; Elon Musk Issues Challenge, Tesla Stock Does This; These Stocks Hit After Russia Attack| Investor’s Business Daily
The Dow Jones Industrial Average fell despite an encouraging jobs report. Uranium stocks were punished after Russia attacked a Ukraine nuclear plant. Tesla (TSLA) held up after CEO Elon Musk issued a ...
Ex-Unilever CEO namechecks Tesla, says firms should focus on long term
The ex-CEO of British consumer goods giant Unilever has shared his view on how businesses should operate in the years ahead, namechecking Elon Musk’s Tesla, Danish energy firm Orsted and Beyond ...
Tesla factory in Germany gains conditional approval for production
A Tesla Model Y is seen in a production hall of the Tesla Gigafactory during the open day. In Grünheide, east of Berlin, the first vehicles are to roll off the production line from the end of 2021. Pa...
Tesla, Sweetgreen, Gap and more
Take a look at some of the biggest movers in the premarket: Tesla (TSLA) — Shares fell 1.2% in premarket trading after CEO Elon Musk challenged the United Auto Workers union to try and organize his co...
Rivian Founder RJ Scaringe No Longer A Billionaire After Stock Dip
The Rivian automotive company’s battery lab (their “Irvine Technology Development Center”), Irvine, … [+] CA. Pictured: founder and CEO R.J. Scaringe in front of cabinets full of battery-t...
Huawei’s competitor to Tesla electric cars to begin deliveries in China
Consumers check out Huawei’s first HarmonyOS car, the Aito M5, at a store in Hangzhou, Zhejiang Province, on Jan. 3, 2022. Future Publishing | Future Publishing | Getty Images BEIJING — The firs...
Tesla Receives a Permit That Will Scare Its Rivals
Tesla (TSLA) – Get Tesla Inc Report and Chief Executive Elon Musk are officially very close to starting production of cars at their Berlin-based European factory. After several months of uncert...
Tesla Finally Gets German Plant Approval. The Stock Is Falling.
Text size In this aerial view, the new Tesla Giga factory stands near Gruenheide just outside Berlin. Sean Gallup/Getty Images Tesla investors woke to a bit of good news Thursday but the stock isn’t h...
Cramer’s Mad Money Recap 3/2: Snowflake, Ford, Tesla
We don’t need everything to go right for the stock market to rally, Jim Cramer told his Mad Money viewers Wednesday. If just one or two things turn in our favor, stocks could react like a coiled...
Ford Rises On Plan To Carve Out ‘Model e’ Electric Vehicle Business
Ford CEO Jim Farley at a briefing in Dearborn, Michigan, on the carmaker’s new business structure. Ford Motor Ford Motor Co. is doubling down on plans to compete with Elon Musk’s Tesla, General Motors...
Ford splits EV from ICE: ‘this is the destroy Tesla plan’
Ford Motor Company (NYSE: F) shares are up nearly 7.0% on Wednesday after the legacy automaker said its ICE and EV segments will become two distinct businesses within Ford. Rationale for splitting int...
Is it time for Tesla and Elon Musk to face SEC’s blows?
The Commission reportedly opened an investigation on Tesla CEO Elon Musk and brother Kimbal Musk under the suspicion of insider trading rules violation United States Securities and Exchange Commission...
Carvana Is More Like Tesla Than Peloton, Says Analyst
Text size Carvana, an online auto dealer, has seen volatility in its stock. Mark Ralston/AFP via Getty Images Trading in shares of online-auto-dealer Carvana has been volatile lately as bulls and bear...