Electric carmaker Lucid is looking into raising prices for future models, its chief executive said on Thursday, citing "huge inflationary pressures" but said the company was committed to honoring prices for existing reservation holders.
What happened
Tesla (NASDAQ: TSLA) stock moved higher on Thursday afternoon, rising 3.6% through 2:25 p.m. ET -- the stock's third straight day of price gains.
Electric carmaker Lucid is looking into raising prices for future models amid "huge inflationary pressures," but is committed to honoring prices for existing reservation holders, its chief executive on Thursday.
What happened
After racing higher yesterday, shares of Nio (NYSE: NIO) are taking a U-turn today and heading in the other direction. Evidently, geopolitical tension and the fear of rising COVID-19 cases in China is weighing heavily on investors' minds, motivating them to shift th
Honda of Canada Mfg. (“HCM”), a subsidiary of Honda Motor HMC recently announced an investment of $1.38 billion over six years to refurbish its Alliston, Ontario, manufacturing plants. The plants will be responsible for vehicle research and development, promotion of innov
In trading on Thursday, shares of Tesla Inc (Symbol: TSLA) crossed above their 200 day moving average of $848.04, changing hands as high as $854.73 per share. Tesla Inc shares are currently trading up about 1% on the day. The chart below shows the one year performance of TSLA
U.S. stock indexes were set to open lower on Thursday as investors assessed the Federal Reserve's hawkish stance in the face of surging inflation, while keeping a wary eye on developments around the Ukraine crisis.
U.S. stock index futures edged lower on Thursday as Russia tempered expectations around peace talks with Ukraine after a Federal Reserve interest rate hike fueled a Wall Street rally a day earlier.
Designed to provide broad exposure to the Consumer Discretionary - Broad segment of the equity market, the Vanguard Consumer Discretionary ETF (VCR) is a passively managed exchange traded fund launched on 01/26/2004.
Last year, retail investors rocked Wall Street's boat like never before. Even though retail investors have been putting their money to work in the stock market for well over a century, the short-squeeze mania that ensued in January and February of last year caused Wall Street to
Tesla said on Thursday it was doing its best to keep production going at its Shanghai factory while it cooperates with China's COVID-19 prevention measures.
Electric-car maker Tesla Inc delayed a more than $1 billion offering of bonds backed by leases on its electric vehicles, Bloomberg News reported on Wednesday.
China Eastern Airlines Corp on Wednesday asked the U.S. Transportation Department for approval to temporarily shift New York to Shanghai flights over COVID-19 measures.
U.S. Transportation Secretary Pete Buttigieg on Wednesday said federal policy on autonomous vehicles will undergo "meaningful" developments in the coming years, saying policy frameworks had not fully caught up with technological developments.
(RTTNews) - Tesla Inc. (TSLA) has reportedly decided to stop its production on Wednesday and Thursday at its Shanghai-based facility Gigafactory 3.
According to Reuters, the company did not give a reason for the pause, experts believe that it is related to the recent outbrea
(RTTNews) - American electric vehicle manufacturer Tesla Inc. (TSLA) has fired an employee after the employee posted a video of his experience of a crash while the car was on Full Self-Drive Beta.