The bear market in the technology sector has been brutal to companies like Tesla (NASDAQ: TSLA), which have historically traded at valuations well above stock market norms.
Elon Musk asked a U.S. judge to throw out a lawsuit claiming that his delayed disclosure of a large stake in Twitter Inc defrauded shareholders who sold Twitter stock at artificially low prices because they were kept in the dark.
The pioneer of the EV industry hopes to offset falling margins by increasing unit sales. This video will highlight what Tesla (NASDAQ: TSLA) stock investors can expect from the strategic price cuts.
Electric vehicle (EV) behemoth Tesla TSLA delivered yet another blockbuster show, with fourth-quarter earnings and revenues not just topping estimates but increasing year over year. Japan’s auto biggie Honda HMC announced making structural changes to ramp up the electrifi
There is arguably no investor more committed to the high-flying tech and crypto sectors than Cathie Wood, the founder and CEO of Ark Invest, which manages several exchange-traded funds (ETFs).
The NASDAQ 100 Pre-Market Indicator is up 5.98 to 11,918.37. The total Pre-Market volume is currently 33,366,729 shares traded.The following are the most active stocks for the pre-market session: ProShares UltraPro QQQ (TQQQ) is -0.24 at $21.69, with 4,529,019 shares traded. Thi
Last week, the European Automobile Manufacturers Association released data for commercial car registrations for December and full-year 2022. The European Union (EU) commercial vehicle market inched down 5.1% last month, representing the 18th straight month of decline as p
Lucid Group's (NASDAQ: LCID) stock skyrocketed 43% on Jan. 27 amid rumors of a takeover by its Saudi Arabian investors. The rumors, which first surfaced on the market gossip site Betaville, haven't been confirmed.
U.S. residential solar company Sunrun Inc has teamed up with startup Lunar Energy Inc to operate virtual power plants (VPPs) of home solar and storage systems, a step toward transforming its vast customer network into a resource for power grids.
Bundled together by the hundreds or thousands, solar panels and home batteries can be called on to supply vast amounts of power when grid supplies are stretched or store it when there is more solar and wind power than needed. When used this way, they are called virtual power plants, or VPPs.
Tesla Inc said on Tuesday it expects capital expenditure to increase next year as the Elon Musk-led electric-vehicle maker ramps up production of its new battery cell and the Semi heavy-duty truck.
All electric vehicle stocks have fallen rather hard over the past year, and even Tesla (NASDAQ: TSLA) didn't make it out of 2022 unscathed. The EV leader's share price is down a shocking 47% over the past 12 months, and with a potential recession looming some are wondering whethe
For Immediate ReleaseChicago, IL – January 31, 2023 – Today, Zacks Investment Ideas feature highlights Lyft Inc LYFT, Dutch Bros Inc BROS, Airbnb ABNB, Meta Platforms Inc META and Tesla Inc TSLA.
Renault and Nissan hailed a new deal announced on Monday as a major step in reviving their two decade alliance. But for the French car group the benefits of the revamp are for now unclear and potentially quite limited, three industry sources said.
Chinese electric vehicle (EV) giant BYD said on Tuesday it is working on a potential acquisition of Yi'an P&C Insurance Co, an insurer that was seized by Chinese regulators two years ago as part of a crackdown on financial conglomerates.
From stocks to government bonds, markets have had one of their best starts to the year in decades but whether the run lasts depends on a Goldilocks scenario of inflation easing, economic growth holding up and borrowing costs falling.
Amid a soft opener to the final week of January, electric vehicle startup Arrival (US:ARVL) announced that it will lay off half its workforce. According to Reuters, the job cuts will help halve its cash operating expenses, a critical measure as the EV manufacturer struggles with
What happened
The combination of price cuts spreading through its industry and pullback from a hot buyout rumor really put the brakes on Canoo (NASDAQ: GOEV) stock Monday. The electric vehicle (EV) maker's share price fell by nearly 12% on the day, a far steeper decline than the