South Korean battery maker LG Energy Solution Ltd (LGES) plans to reevaluate its investment plan for a standalone Arizona battery factory due to the current economic environment in the United States, a company spokesperson said on Wednesday.
Australia's Liontown Resources Ltd said on Wednesday it has signed a five-year agreement with Ford Motor Co to supply lithium spodumene from its flagship Kathleen Valley project in Western Australia.
What happened
Shares of Tesla (NASDAQ: TSLA) were falling Tuesday after Deutsche Bank analyst Emmanuel Rosner cut his price target for the stock. Rosner thinks Tesla's second-quarter vehicle delivery numbers -- which will be reported at the beginning of July -- will be lower tha
Tesla (TSLA)’s planned three-for-one stock split is expected to broaden its investor base, drawing artificial intelligence (AI) buyers. This should happen as the electric vehicle (EV) maker times its AI Day 2 event to generate buzz around its humanoid robot.
Despite tough odds, plenty of doubters, and regular criticism over its actions, Tesla (NASDAQ: TSLA) has developed into the leading manufacturer of electric vehicles globally. The automaker has grown rapidly, and so has its share price. This has led management to announce a 3-for
For Immediate ReleaseChicago, IL – June 28, 2022 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in
Investors from all walks of life idolize Warren Buffett for his stock-picking prowess. Buffett started investing in stocks when he was only 11, but he didn't become a billionaire until age 56, and there's been no looking back since. Buffett's net worth right now is around $97 bil
Volkswagen sees a strong second half of 2022 and expects progress in catching up with rival Tesla as easing chip shortages start to offset supply chain bottlenecks and rising costs, the carmaker's CEO said on Tuesday.
Like it or not, the regulatory push toward electric vehicles (EVs) is undeniable. Because of this trend, several new companies have risen to meet demand before legacy automakers can pivot their business models. These companies have also brought both business and technological inn
Investors are seeing some of the biggest companies in the market do stock splits. Tesla (NASDAQ: TSLA), Amazon (NASDAQ: AMZN), and Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) are among the highest-profile businesses deciding to split their shares, and each of them has gotten a huge a
Tesla CEO Elon Musk recently predicted that the U.S. economy would dip into a recession soon. Speaking at the Qatar Economic Forum, Musk said characterized recession as "more likely than not" in the near term.
UK startup Circulor, which uses blockchain technology to map supply chains for companies pursuing greener, more sustainable production, said on Tuesday it had raised $25 million to fund expansion, primarily in the United States.
A federal judge in California on Monday ordered a new trial on the damages Tesla Inc owes to a Black former factory worker who accused the company of race discrimination, after he turned down a $15 million award.
Albemarle Corp plans to build a lithium processing plant in the United States that would produce as much of the electric vehicle battery metal as the entire company produces today, a bullish bet on America's all-electric future, an executive said on Monday.
A federal judge in California on Monday ordered a new trial on the damages Tesla Inc owes to a Black former factory worker who accused the company of race discrimination, after he turned down a $15 million award.
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Tesla Inc (Symbol: TSLA), where a total volume of 617,427 contracts has been traded thus far today, a contract volume which is representative of approximately 61
What happened
Investors look to be trading three electric vehicle (EV) company stocks Monday based on some comments made by business analysts over the weekend and Monday morning. Tesla (NASDAQ: TSLA) stock jumped by as much as 2.6%, and was still up 0.3% as of noon ET. On the oth
Tesla Inc. TSLA recently announced that it will partly put the shutters down on its Gigafactory Shanghai for a few weeks to upgrade the production capacity to a whopping 21,000 electric vehicles (EVs) per week.Due to the resurgence of COVID-19 cases in China and stringent
Investors in Tesla Inc (Symbol: TSLA) saw new options become available today, for the March 2024 expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 627 days until expiration the newly available contracts rep
The electric vehicle (EV) revolution is speeding up, with legacy automakers leaving no stone unturned to establish a strong foothold in this domain and setting ambitious targets to electrify their fleet. Last week, U.S. auto giant Ford F provided updates to rev up its EV