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EVs Are In Need Of A Push As Complex Bumps Slow Progress
Wednesday, February 7, 2024 - 11:04am | 656Read More...The EV king, Tesla Inc (NASDAQ: TSLA) entered the new year by missing analyst estimates along with a warning of slower growth this year. But Chinese EV makers Nio (NYSE: NIO), XPeng (NYSE: XPEV), and Li Auto (NASDAQ: LI) kicked off 2024 with rising YoY deliveries...
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ExxonMobil Vs. Chevron: Which Energy Stock Is A Better Buy Ahead Of Q4 Earnings?
Thursday, February 1, 2024 - 1:14pm | 780Read More...Exxon Mobil Corp (NYSE:XOM) and Chevron Corp (NYSE:CVX) stand as two behemoths in the energy sector, both holding significant influence over the global oil and gas industry. Both energy giants are about to report their fourth-quarter earnings on Feb. 2, before market hours. Wall Street is expecting...
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North America Is Advancing With Its EV Power-Shift Efforts
Wednesday, January 3, 2024 - 10:47am | 718Read More...On January 2nd, the first EV maker to bring the electric pickup to the road, Rivian Automotive Inc (NASDAQ: RIVN) reported its fourth quarter deliveries. But, 2023 ended with the EV king, Tesla Inc (NASDAQ: TSLA) bringing the most American-made electric pickup to the market, with 90% of ...
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Audi CEO Announces Delaying EV Launches Amid Slow Growth In Sales
Tuesday, December 19, 2023 - 7:04am | 583Read More...The CEO of Audi AG (OTC:AUDVF), Gernot Döllner, has announced a recalibration of the company’s electric vehicle (EV) launch strategy, citing a desire to avoid overburdening production facilities and dealerships. Bloomberg reported on Monday that the strategic change was confirmed by Döllner...
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Warren Buffett-Backed BYD Slashes EV Prices In Year-End Push Amid Intensifying Race With Tesla
Friday, December 1, 2023 - 4:26am | 560Read More...China’s leading electric vehicle (EV) manufacturer, Warren Buffett-backed BYD, has announced significant price cuts on several models in a year-end push, heating up its global competition with Tesla Inc. (NASDAQ:TSLA). What Happened: BYD’s price reductions include several Dynasty models...
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EG Group Partners With Tesla For Major EV Charging Expansion In Europe
Monday, November 13, 2023 - 6:45am | 561Read More...In a significant advancement for the European electric vehicle (EV) landscape, UK-based petrol station operator EG Group is set to acquire ultra-fast charging units from Tesla Inc. (NASDAQ:TSLA) to broaden its EV charging network across the continent. What Happened: According to a Reuters report,...
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Tesla Competitor Lucid Says There's Enough Room For Everyone In EV Market As The Internal Combustion Engine Fades Away
Monday, October 23, 2023 - 1:53pm | 779Read More...In the ever-evolving world of electric vehicles (EVs), Tesla Inc. is the cream of the crop. While Elon Musk's company is the "cool kid on the block," there's plenty of opportunity for other EV manufacturers to grab a piece of the pie. Lucid Group Inc. is one such company, with Andrew Liveris,...
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UAW's Shawn Fain Announces Breakthrough In Strike Talks With GM; Eyes On Ford And Stellantis Next
Friday, October 6, 2023 - 3:35pm | 664Read More...Shares of Detroit's "big three" automakers, General Motors Co (NYSE:GM), Ford Motor Co (NYSE:F), and Stellantis NV (NYSE:STLA) were trading higher Friday after United Auto Workers (UAW) president Shawn Fain announced crucial updates. What Happened: On Friday, Fain noted a significant change in...
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EU Targets Tesla In Anti-Subsidy Probe: What's At Stake For EV Giant
Tuesday, September 26, 2023 - 10:32am | 521Read More...The European Union (EU) has initiated an anti-subsidy investigation into Chinese electric vehicles (EVs), including exports from Tesla Inc. (NASDAQ:TSLA), causing a slight dip in Tesla’s share value. What happened: Insiders revealed that the EU’s probe, first reported by ...
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Tesla, Meet Your EV Rivals: Mercedes-Benz Concept CLA Class And BMW Neue Klasse
Monday, September 4, 2023 - 3:46pm | 505Read More...At Munich’s IAA auto show, Mercedes Benz Group AG (OTCPK: MBGYY) unveiled the Mercedes-Benz Concept CLA Class, while Bayerische Motoren Werke AG (OTCPK: BMWYY) revealed the BMW Vision Neue Klasse, according to CNBC. These cutting-edge (EV) electric vehicles represent a bold move by the German...
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What Ignited Tesla's Electrifying Tuesday Rally? Analyst Spotlights 2 Key Catalysts Behind Surge
Wednesday, August 30, 2023 - 1:43am | 573Read More...Tesla, Inc. (NASDAQ:TSLA) surged ahead on Tuesday, overshadowing other mega-cap stocks, and Gary Black of Future Fund examined the factors underpinning this remarkable performance. The Impetus: Tesla’s stock gained traction from Tuesday’s Job Openings and...
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Vietnamese EV Trailblazer VinFast Zooms Ahead Of Ford, GM In Carmaker Hierarchy
Tuesday, August 29, 2023 - 10:34am | 675Read More...VinFast Auto Ltd. (NASDAQ:VFS), the Vietnamese electric vehicle (EV) manufacturer founded by billionaire Pham Nhat Vuong, has seen its market capitalization spike to an astounding $190 billion. This meteoric ascent, witnessing a staggering 600% surge since its mid-August 2023 initial public...
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Auto Dealerships Are Buying More Electric Vehicles Than Their Gas-Powered Counterparts
Friday, August 25, 2023 - 11:31am | 863Read More...Auto dealers now report holding 92 days of electric vehicle (EV) inventory compared to 54 days of traditional gas or diesel vehicles on their lots. This new dynamic coincides with lower pricing for EVs, with several new markets offering various price points that make the move to an EV an intriguing...
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Poll Shows Half Of Americans Unlikely To Choose Electric Vehicles
Monday, August 21, 2023 - 9:22am | 919Read More...Despite the Tesla Model Y becoming the world's best-selling car, nearly half of Americans aren’t ready to embrace electric vehicles as their next ride. According to a poll from the Energy Policy Institute at the University of Chicago and the Associated Press-NORC Center for Public Affairs...
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Billionaire's Fortune Plummets $18B In Days As Newly-Listed EV Maker's Soaring 255% Debut Gain Takes A Dive
Friday, August 18, 2023 - 11:52pm | 509Read More...Pham Nhat Vuong, the founder of VinFast Auto Ltd. (NASDAQ:VFS), lost about $18 billion following a sharp decline in the company’s shares. What Happened: The Vietnamese electric vehicle manufacturer’s shares closed at $15.40 on Friday, marking the end of a volatile week for the company....
















