Ford Motor Co said on Tuesday that it will nearly double annual production capacity for its red-hot F-150 Lightning electric pickup to 150,000 vehicles as the model has already attracted nearly 200,000 reservations ahead of its arrival this spring at U.S. dealers.
What happened
Lucid Group (NASDAQ: LCID) stock was down 4.7% as of 1:15 p.m. ET Tuesday, despite riding higher Monday on a monster day for Tesla (NASDAQ: TSLA).
Qualcomm Corp on Tuesday announced deals to supply chips to automakers Volvo Group, Honda Motor Co Ltd and Renault SA, accelerating its push to partner with legacy automotive firms digitizing their product lines.
What happened
Shares of Tesla (NASDAQ: TSLA) have been on a roll recently with a 20% gain over the last three weeks. But some investors are trimming their positions today. The stock dropped about 6.5% early Tuesday, and shares remained down 4.8% as of noon ET.
The Dow hit a record high on Tuesday, boosted by banks and industrial stocks as worries about the Omicron variant of the coronavirus subsided, while a fall in heavyweight technology stocks dragged the S&P 500 and the Nasdaq indexes lower.
4 Trending EV Stocks To Watch To Start 2022?Electric Vehicle (EV) stocks are trending in the stock market again as we enter a new year. After all, it is that time of the year where companies are providing updates on their production count and delivery numbers for the previous cal
U.S. high performance chip maker Nvidia Corp said Tuesday it has landed more deals with Chinese electric vehicle makers that want to use the company's technology to power software-driven features that could lure customers away from Tesla Inc.
Just as Tesla's (NASDAQ: TSLA) blowout fourth-quarter vehicle deliveries are grabbing headlines, Morgan Stanley's Adam Jonas is focusing on 2022. The company's staggering momentum, he says, now makes two million deliveries this year possible.
Investors broadly agree on the thought that electric vehicles (EVs) are the future of transport. What they are divided on, however, is whether EV stocks make a good buy right now considering their high valuations.
The Dow and the S&P 500 hit record highs on Tuesday as worries about the Omicron variant of the coronavirus subsided and financial stocks gained, while Ford jumped on an upbeat forecast for electric pickup production.
Apple Inc crossed $3 trillion in market value in early trading on Tuesday before slipping, after the world's most valuable company briefly hit the milestone a day earlier.
Taking a simple buy-and-hold investing strategy on companies that have the potential to dominate the growing sector they operate in can definitely lead to life-changing wealth. If you had the foresight, for example, to buy $10,000 worth of Tesla stock a decade ago and held onto i
Apple Inc looked set to cross $3 trillion in market value at open on Tuesday, after the world's most valuable company briefly hit the milestone a day earlier.
You couldn't script a more shock and awe way to start 2022 than the fifth-largest U.S. company by market cap, Tesla (NASDAQ: TSLA), surging 14% on Monday thanks to record-high Q4 and full-year 2021 production numbers.
The Dow and the S&P 500 were set for a record open on Tuesday as worries about the Omicron variant of the coronavirus subsided and travel stocks bounced, while Ford gained on upbeat electric pickup production forecast.
The NASDAQ 100 Pre-Market Indicator is up 24.67 to 16,526.44. The total Pre-Market volume is currently 25,722,262 shares traded.The following are the most active stocks for the pre-market session: ProShares UltraPro Short QQQ (SQQQ) is -0.03 at $5.71, with 3,220,737 shares trade
Tesla's announcement that it has opened a showroom in Xinjiang has attracted criticism from U.S. rights and trade groups, making it the latest foreign firm caught up in tensions related to the far-western Chinese region.
Japan's Nikkei jumped to a six-week closing high on Tuesday, the first trading session of the new year, as chip-related heavyweights rose after Wall Street's strong finish overnight and a softer yen boosted automakers.
Asian stocks were largely on the front foot on Tuesday following Wall Street's record highs on its first trading day of 2022, despite worries that the widespread Omicron COVID-19 variant could put the brakes on global economic recovery.
Asian stocks were firmer on Tuesday following Wall Street's record highs on its first trading day of 2022, despite worries that the widespread Omicron COVID-19 variant could put the brakes on global economic recovery.