The National Highway Traffic Safety Administration (NHTSA) on Thursday said it was upgrading its probe into 830,000 Tesla vehicles with its advanced driver assistance system Autopilot, a required step before it could seek a recall.
Electric vehicles (EVs) will be one of the large secular growth stories of this decade. BloombergNEF researchers estimate that annual unit volumes for plug-in EVs will grow from 6.6 million in 2021 to 20.6 million in 2025. Considering how much a new car costs, this is a trillion-
Wall Street's main indexes slipped in choppy trading on Thursday as technology and growth stocks struggled for direction amid rising bond yields and weaker risk appetite on concerns around surging inflation and aggressive interest rate hikes.
In early trading on Thursday, shares of NXP Semiconductors topped the list of the day's best performing components of the Nasdaq 100 index, trading up 5.3%. Year to date, NXP Semiconductors has lost about 18.1% of its value.
Stock Market Today Mid-Morning UpdatesOn Thursday, the Dow Jones Industrial Average opened flat today as investors eagerly await for May’s inflation data, due for release on Friday. Also, the European Central Bank on Thursday, announced that it will hike interest rates at i
U.S. stock indexes were set to open lower on Thursday as rising bond yields pressured technology and growth stocks, while concerns around surging inflation and the path for interest rate hikes sapped risk appetite.
Brazilian miner Vale SA said on Thursday it had completed studies for potentially developing a nickel sulfate operation in Quebec, Canada, with annual capacity seen at 25,000 tonnes.
Tesla (NASDAQ: TSLA) is one of the most polarizing companies on Wall Street. The stock rocketed more than 1,000% from Jan. 1, 2020, through Dec. 31, 2021, briefly joining the $1 trillion market capitalization club late last year. Since then, the tables have turned -- the electric
Electric vehicles (EVs) have taken the global automotive industry by storm. The market is projected to eclipse $1.3 trillion by 2030, translating to a 19.8% compound annual growth rate (CAGR) from 2020. Today, there are more than 10 million electric cars on the road globally. Tha
U.S. stock index futures rose on Thursday, led by Tesla and other growth shares following a broad selloff on Wall Street on worries over surging inflation and the path for interest rate hikes.
After experiencing a massive bull run from early 2020 through Dec. 2021, shares of electric vehicle (EV) giant Tesla (NASDAQ: TSLA) have hit a roadblock. The stock returned more than 1,000% to shareholders who stayed with the company from Jan. 1, 2020 through the end of last year
U.S. renewable energy developers have delayed or scrapped several big battery projects meant to store electrical power on the grid in recent months, scuttling plans to replace fossil fuels with wind and solar energy.
Production at Tesla Inc's Shanghai factory is on track to fall by over a third this quarter from the first three months of the year as China's zero-COVID lockdowns caused deeper disruptions to output than Elon Musk had predicted.
A new mania has taken over Wall Street, and it has nothing to do with meme stocks, inflation, or coronavirus stocks. Since February, all eyes have been on stock-split stocks.
The U.S. Transportation Department (USDOT) is on Thursday proposing minimum standards and requirements for electric vehicle (EV) charging projects funded under a $5 billion government program.
Tesla was proceeding with an online hiring event in China on Thursday and added two dozen new job postings for the country, a week after Elon Musk threatened job cuts at the electric car maker and said the company was "overstaffed" in some areas.
Tesla was proceeding with an online hiring event in China on Thursday and added two dozen new job postings for the country, a week after Elon Musk threatened job cuts at the electric car maker and said the company was "overstaffed" in some areas.
U.S. renewable energy developers have delayed or scrapped several big battery projects meant to store electrical power on the grid in recent months, scuttling plans to replace fossil fuels with wind and solar energy.
The chair of the Federal Trade Commission (FTC) said concerns raised by lawmakers about Tesla Inc's driver assistance system known as Autopilot are "on our radar."
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