South Korea's Kia Corp has chosen batteries from China's CATL for an electric vehicle (EV) to be sold domestically, a newspaper said on Wednesday, the first time it will use EV batteries from another country for local sales.
The U.S. Environmental Protection Agency plans to propose new, more stringent vehicle emissions rules through at least the 2030 model year by March, according to a regulatory update released on Tuesday.
Wall Street's major indexes jumped over 2% on Tuesday as investors scooped up shares of megacap growth and energy companies after the stock market swooned last week on worries over a global economic downturn.
Wall Street's major indexes jumped on Tuesday as investors scooped up shares of megacap growth and energy companies after the stock market swooned last week on worries over a global economic downturn.
Technology stocks continue to post gains on Tuesday, with the SPDR Technology Select Sector ETF (XLK) rising 2.8% and the Philadelphia Semiconductor Index advancing 3% this afternoon.
A Black former elevator operator at Tesla Inc's flagship California assembly plant on Tuesday rejected a $15 million award in his lawsuit alleging racial abuse by coworkers, opening the door for a new trial after a judge slashed a $137 million jury verdict.
Wall Street's major indexes jumped on Tuesday as investors scooped up shares of megacap growth and energy companies hammered last week on worries over a global economic downturn.
What happened
Shares of Tesla (NASDAQ: TSLA) spiked Tuesday after CEO Elon Musk clarified some comments he made earlier this month about upcoming layoffs at the electric vehicle company.
Technology stocks were posting large gains on Tuesday, with the SPDR Technology Select Sector ETF (XLK) rising 2.9% and the Philadelphia Semiconductor Index advancing 3.3% this afternoon.
Wall Street's major indexes climbed on Tuesday as investors scooped up shares of megacap growth and energy companies that were hammered in a rout last week on worries over a global economic downturn.
In trading on Tuesday, the ARK Next Generation Internet ETF is outperforming other ETFs, up about 6.7% on the day. Components of that ETF showing particular strength include shares of Coinbase Global, up about 15.4% and shares of Tesla, up about 10.6% on the day.
Incorporated in 1903, Ford (NYSE: F) is sometimes viewed as a legacy business -- the type of company your great-grandfather might have invested in. Fast-forward to the 2020s, and it's challenging to convince younger traders of Ford's value proposition during a time of vehicle ele
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Invesco Senior Loan ETF, where 37,400,000 units were destroyed, or a 15.4% decrease week over week.
U.S. stock indexes climbed on Tuesday as investors returned from a long weekend to scoop up shares of megacap growth and energy companies that were hammered in a rout last week on worries over a global economic downturn.
U.S. startup Redwood Materials Inc on Tuesday said Japan's Toyota Motor Corp has become the latest auto industry giant to join its comprehensive electric vehicle (EV) battery recycling and remanufacturing initiative.
As inflation continues to bite, more and more automakers are being forced to hike the prices of their models on soaring costs of commodity parts, technology, raw materials and logistics of late. Last week, electric vehicle (EV) behemoth Tesla TSLA raised prices across its
U.S. stock indexes were set to open higher on Tuesday as investors returned from a long weekend to scoop up shares of megacap growth companies and banks that were hammered in a rout last week on worries over a global economic downturn.
U.S. startup Redwood Materials Inc on Tuesday said Japan's Toyota Motor Corp has become the latest auto industry giant to join its comprehensive electric vehicle (EV) battery recycling initiative.
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