For foreign automakers, selling in China - the world's biggest car market and front-runner by far in the adoption of electric vehicles - can yield great rewards. But the regulatory headaches can also be really painful.
Tesla Inc's shares slipped in premarket trading on Monday, adding to a heavy week of losses after CEO Elon Musk offloaded a combined $6.9 billion worth of shares in the electric-car maker.
Australia's Eastern Iron Ltd has agreed to develop lithium projects with China lithium chemicals producer Yahua Group, in Australia and other countries, the companies said on Monday.
Tesla Inc Chief Executive Elon Musk got into a spat with Bernie Sanders on Sunday after the U.S. senator demanded the wealthy pay their "fair share" of taxes.
A record-setting run in U.S. stocks has made some investors wary as concerns grow over the market’s vulnerability to surging inflation, tighter Federal Reserve policy and moderating corporate profit growth.
Electric vehicles are the future. In a report dated Nov. 10 and prepared for the big United Nations climate conference that just concluded in Glasgow, BloombergNEF projects annual EV sales to hit 5.6 million in 2021, up from 3.1 million in 2020.
Rivian Automotive (NASDAQ: RIVN) has hit the market with a bang, trading more than 30% over its IPO price and now sporting a market cap near $100 billion. This is despite only producing about 15 vehicles per week right now. The company has a bright future, but investors looking
What happened
Shares of Tesla (NASDAQ: TSLA) fell sharply this week. At its worst point during the week, shares fell as much as 16.6%. But the growth stock closed the week out with a total decline of 15.4%, according to data from S&P Global Market Intelligence.
Electric vehicle (EV) sales are expected to reach 7% of all new vehicles sold worldwide in 2021, exceeding five million units sold. Research and Markets estimates that by 2030 that number will ratchet up to 48%.
Since the dawn of the 20th century, there arguably hasn't been a more tried and true method to build wealth than putting your money to work in the stock market. Stocks won't outpace housing, gold, or bonds every year, but over the long run, no asset class has come close to matchi
Wall Street stocks closed higher on Friday, with market-leading growth shares kick-starting indexes' climb as investors looked past disappointing U.S. economic data.
Global equity markets rallied on Friday, with European shares hitting new highs on strong earnings, while the dollar eased but posted its biggest weekly gain since late August.
Wall Street stocks closed higher on Friday, with market-leading growth shares kick-starting indexes' climb as investors looked past disappointing U.S. economic data.
Wall Street stocks closed higher on Friday, with market-leading growth shares kick-starting indexes' climb as investors looked past disappointing U.S. economic data.
Global equity markets rallied on Friday, with European shares hitting new highs on strong earnings, while the dollar eased but was on track for its biggest weekly gain since late August.
Wall Street gained on Friday with market-leading growth stocks helping the indexes resume their climb as investors shrugged off disappointing economic data.
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