Electric-vehicle maker Lucid Group said on Tuesday it would recall more than 200 of its premium sedans due to a possible safety issue, sending its shares down nearly 5%.
In trading on Tuesday, shares of Tesla Inc (Symbol: TSLA) crossed below their 200 day moving average of $828.31, changing hands as low as $818.00 per share. Tesla Inc shares are currently trading off about 3.9% on the day. The chart below shows the one year performance of TSL
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the ARK Innovation ETF (Symbol: ARKK) where we have detected an approximate $285.1 million dollar inflow -- that's a 2.6% increase week over week in out
Mercedes-Benz, owned by the German auto giant Daimler AG DDAIF, is geared up for a tight race in the electric vehicle (EV) domain. It plans to set up production facilities by the second half of the decade to make EVs exclusively. The company has several new EV models, the
U.S. stock index futures fell on Tuesday as fears of a war in Europe deepened amid escalating Russia-Ukraine tensions and threats of sanctions, although energy stocks soared on oil prices hitting their highest since 2014.
A rapid growth in the adoption of electric vehicles (EVs) has attracted more interest, and investment, in the sector. Two key factors that could further spur EV adoption are increased range and lower costs of EVs. Auto and EV companies are investing a lot of time, energy, and mon
Sales growth is an important metric for any company, as it is an essential part of growth projections and instrumental in strategic decision making. By observing this key metric over a period of time, one can clearly understand a company’s growth trend.With regard to this
U.S. stock index futures slid more than 1% on Tuesday before recouping some of those losses as fears of escalating tensions in Ukraine gripped markets, pointing to another volatile session on Wall Street.
Electric vehicle makers stand to benefit from the ongoing multi-decade shift from internal combustion engine vehicles to electrified ones. Electric vehicle (EV) stocks have seen some correction this year. If you've been waiting to enter the space, now could be a good time to take
Nickel rose to its highest level in more than a decade on Monday morning. London Metal Exchange (LME) three-month nickel has broken through January's high of $24,435 per tonne to reach
$24,610, a level last traded in 2011.
Are These EV Stocks The Top Stocks To Buy Now?Going into the current trading week, investors will likely be keeping an eye on diplomatic relations between Ukraine and Russia. Despite all this, some may be considering longer-term plays in the stock market, such as electric vehicle
AutoNation Inc. AN reported fourth-quarter 2021 adjusted earnings of $5.76 per share, skyrocketing 137% year over year from $2.43 and topping the Zacks Consensus Estimate of $5. This outperformance can be primarily attributed to the higher-than-expected profits from the n
At Holdings Channel, we have reviewed the latest batch of the 21 most recent 13F filings for the 12/31/2021 reporting period, and noticed that Tesla Inc (Symbol: TSLA) was held by 6 of these funds. When hedge fund managers appear to be thinking alike, we find it is a good idea t
The market says Joby Aviation (NYSE: JOBY) is worth about $2.9 billion right now. To make a 100-bagger with this one, its market capitalization would have to reach $290 billion one day. Can this air-taxi pioneer pull it off? I'm very bullish on the company's future. But Joby is a
Investors in Coinbase Global (NASDAQ: COIN) have had a volatile ride lately. The crypto exchange went public through a direct listing in April last year after pricing its shares at $250. The price rose to $429 on the first day of trading before closing at about $328 that day. Si
In this clip from "The Rank" on Motley Fool Live, recorded on Feb. 7, Motley Fool contributors Taylor Carmichael, Jason Hall, and Matt Frankel discuss why now might not be the time to invest in Netflix (NASDAQ: NFLX) given the competitive landscape, rising interest rates, and the
In this clip from "The Rank" on Motley Fool Live, recorded on Feb. 7, Motley Fool contributors Jason Hall, Matt Frankel, and Taylor Carmichael discuss the future of Enphase (NASDAQ: ENPH) in the midst of a crowded industry and analyze whether its growth rate is sustainable over t
Canadian police on Saturday used pepper spray and stun grenades, and made dozens of arrests as they cleared demonstrators from the street in front of parliament, where they have been camping for more than three weeks to protest against pandemic restrictions.