Lucid's electric vehicles are often displayed prominently at public events and financial conferences in Saudi Arabia to symbolise its crown prince's multi-billion dollar "Vision 2030".
A Black former Tesla Inc factory worker has accused the electric automaker's lawyers of "egregious misconduct" after a jury awarded him $3.2 million in a race bias case, and asked for a third trial so he can seek more money.
Volkswagen defended its record in China and its decision to jointly own a plant in the Xinjiang region after activists and investors lashed out at the carmaker at a volatile annual general shareholder meeting on Wednesday.
Shares of Rivian Automotive Inc rose 11% on Wednesday as its positive earnings stood out in a poor quarter for electric-vehicle startups, but analysts warned that stiff competition will be a hurdle in its path to profitability.
Shares of Rivian Automotive Inc rose 7% on Wednesday as its positive earnings stood out in a poor quarter for electric-vehicle startups, but analysts warned that stiff competition will be a hurdle in its path to profitability.
Tesla (NASDAQ: TSLA) already stands as the clear leader in the electric vehicle (EV) market, and the company is taking steps to ensure that it has a front position in autonomous-driving technologies. On Monday, Tesla Chief Executive Officer Elon Musk published a post on Twitter,
The technology sector has a history of outperforming the rest of the stock market. Over the last five years -- amid the pandemic, supply chain issues, war in Europe, and a weak economy -- the Nasdaq-100 tech index has delivered a total return of 90%. That's significantly better t
Activists lashed out at Volkswagen at a shareholder meeting on Wednesday over the carmaker's controversial plant in Xinjiang, reflecting similar investor concerns over claims of human rights abuses in the region.
Australian lithium miner Allkem Ltd has inked an agreement to acquire U.S.-based chemical manufacturing firm Livent Corp in a deal that will create a $10.6 billion entity, the two companies announced on Wednesday.
BYD Co Ltd on Wednesday cut the starting price of its best-selling Seal sedan by 10%, as the Chinese electric vehicle (EV) giant seeks to extend its lead in the world's largest auto market with lower-priced products.
Japanese electric vehicle (EV) battery maker Panasonic Holdings Corp on Wednesday forecast a higher operating profit this year as it expects robust auto battery sales in the United States.
Volkswagen investors will demand answers from the carmakers' executives at its annual general meeting on Wednesday on its competitiveness in China and its contested plant in Xinjiang, advance copies of their speeches showed.
BYD Co Ltd launched on Wednesday five lower-priced versions of its Seal sedan, as the Chinese electric vehicle (EV) giant seeks to extend its lead in the world's largest market for new-energy cars.
A citizen of the United Kingdom who was extradited to New York from Spain last month has pleaded guilty to cyberstalking and computer hacking schemes, including the 2020 hack of the social media site Twitter, the U.S. Justice Department said on Tuesday.
Below is Validea's guru fundamental report for TESLA INC (TSLA). Of the 22 guru strategies we follow, TSLA rates highest using our P/B Growth Investor model based on the published strategy of Partha Mohanram. This growth model looks for low book-to-market stocks that exhibit cha
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The SPDR Portfolio MSCI Global Stock Market ETF is seeing unusually high volume in afternoon trading Tuesday, with over 992,000 shares traded versus three month average volume of about 56,000. Shares of SPGM were down about 0.5% on the day.
Cuts to production forecasts by Lucid Group Inc and Fisker Inc slammed shares of electric-vehicle makers in early trading on Tuesday, with Lucid down about 9%.
Lucid Group (NASDAQ: LCID) stock has plunged nearly 61% in just the past one year as of this writing, and that includes today's early morning fall in the stock's price. Poor execution, as reflected in low production and deliveries, surging costs, and cash burn, hit investor senti