The field of stocks in the electric vehicle (EV) sector has been growing rapidly. Investors can now choose from among a host of legacy automakers working to transition from internal combustion, start-ups with much promise, and established EV manufacturers that continue to grow. C
It's been a big year for Tesla (NASDAQ: TSLA). The stock has surged nearly 60% higher year to date -- and that's on top of the growth stock's 743% gain last year. Investors have cheered the company's soaring profits, fueled by strong sales growth and margin expansion.
Stocks for several companies associated with electric vehicles (EV) have risen tremendously in recent months. But Chinese EV maker Nio (NYSE: NIO) seems to have missed the rally. In one year, Tesla's (NASDAQ: TSLA) stock has nearly doubled. Similarly, Lucid Group's (NASDAQ: LCID)
Lucid Group (NASDAQ: LCID) started working on electric vehicle (EV) battery systems in 2008, and had built a test EV by 2014. However, it's only now that Lucid has become the talk of the town -- Lucid stock has doubled in value in just two months' time, now commanding a market ca
Auto industry executives expect electric vehicles will make up just over half of new vehicle sales in the United States and China by 2030, and could do so without receiving government subsidies, according to a new survey by accounting and consulting firm KPMG.
Vietnam's largest conglomerate Vingroup is in talks with investors, including Qatar's sovereign fund and BlackRock, to raise about $1 billion in equity for its car unit, three sources aware of the matter said.
Vietnam's largest conglomerate Vingroup is in talks with investors, including Qatar's sovereign fund and BlackRock, to privately raise about $1 billion in equity for its car unit, three sources aware of the matter said.
Regulatory credits have been a controversial topic for Tesla investors in the past. (see our updates below) These credit sales, which are almost pure profit, have been a key driver of Tesla’s margins over the years and the company largely relied on these credits to post o
(RTTNews) - Elon Musk the CEO of EV giant, Tesla Inc. (TSLA) has reportedly asked the employees to concentrate on reducing the cost of delivery instead of working like "crazy" to finish the cars to get them delivered by the fourth quarter.
Wall Street stocks closed higher on Monday, regaining some of the ground they lost in Friday's sell-off, as investors were hopeful that the Omicron coronavirus variant would not lead to lockdowns after reassurance from U.S. President Joe Biden.
Wall Street stocks closed higher on Monday, regaining some of the ground lost in Friday's sell-off, as investors appeared hopeful that the Omicron coronavirus variant would not lead to lockdowns after reassurance from U.S. President Joe Biden.
The stock market did its best to recover lost ground on Monday, and in general, it did an excellent job. As of 1:30 p.m. ET, the Dow Jones Industrial Average (DJINDICES: ^DJI) was up 332 points to 35,231, making back less than half of its 900-point swoon from Friday. Yet the S&am
Wall Street regained some of Friday's losses on Monday, with the technology sector leading the charge and investors appearing to be somewhat reassured by U.S. President Joe Biden's comments about the Omicron virus variant.
What happened
Shares of Tesla (NASDAQ: TSLA) rose sharply on Monday. The automaker's stock increased as much as 5.3% before easing to a 4.5% gain as of 11 a.m. ET.
Bargain buying in technology stocks drove Wall Street higher on Monday following a slump related to Omicron, while the Dow Jones lagged its peers as major banks fell and investors awaited more information on the new coronavirus variant.
In early trading on Monday, shares of Moderna topped the list of the day's best performing components of the Nasdaq 100 index, trading up 9.1%. Year to date, Moderna Inc registers a 244.1% gain.
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