Tesla (NASDAQ: TSLA) stock undoubtedly commands a premium valuation. Its market cap currently sits at $911 billion, which puts the company's valuation higher than the combined valuation of the next eight largest automakers. Whether that valuation is fairly earned or not, it's har
Tesla Inc surpassed $1 trillion in market capitalization on Monday after landing its biggest-ever order from rental car company Hertz, a deal that reinforced the electric car leader's ambitions to top the entire auto industry in sales over the next decade.
4 Top EV Stocks Worth Watching This WeekEven amid the current stellar earnings season, electric vehicle (EV) stocks continue to impress. For the most part, this area of the stock market remains a hot one as investors look towards the next frontier of the transportation industry.
U.S.-German industrial gas producer Linde announced on Monday that Chief Operating Officer Sanjiv Lamba will take over as CEO from Steve Angel on March 1, 2022.
Car sales will total nearly 70 million vehicles worldwide this year, adding to the roughly 1.4 billion autos on the road across the globe. The automotive industry is massive and has grown and evolved quite a bit since the late 1800s when Karl Benz began selling his first handmade
General Motors Co and Ford Motor Co are likely to show investors both the positive and negative financial impacts of the global semiconductor chip shortage when the U.S. automakers report third-quarter results on Wednesday.
Tesla (NASDAQ:TSLA) published a stronger than expected set of Q3 2021 results despite the ongoing chip shortages and supply chain issues weighing on the automotive industry. While Tesla’s adjusted EPS rose by about 2.5x to $1.86, almost $0.34 ahead of our estimates, Tesla
In the final week of Q3 2021, Tesla (NASDAQ: TSLA) CEO Elon Musk claimed it would be the "most intense delivery week ever" for the company. In a Motley Fool Live segment recorded on Sept. 28, Motley Fool contributor John Bromels explains to Motley Fool contributor Toby Bordelon w
The Canadian government on Friday warned that U.S. proposals to create new electric vehicle tax credits for American-built vehicles could harm the North American auto industry and fall foul of trade agreements, according to a letter seen by Reuters.
The Canadian government on Friday warned that U.S. legislative proposals to create new electric vehicle tax credits for American-built vehicles could harm the North American auto industry and run afoul of trade agreements, according to a letter seen by Reuters.
The iShares Russell Top 200 ETF is seeing unusually high volume in afternoon trading Friday, with over 195,000 shares traded versus three month average volume of about 56,000. Shares of IWL were off about 0.5% on the day.
In recent trading, shares of Ford Motor Co. (Symbol: F) have crossed above the average analyst 12-month target price of $16.23, changing hands for $16.55/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuati
Apple Inc's talks with China's CATL and BYD over battery supplies for its planned electric vehicle have been mostly stalled after they refused to set up teams and build U.S. plants that would solely cater to the tech giant, three people with knowledge of the discussions said.
South Korea's Samsung SDI Co Ltd said on Friday that it had entered an agreement for a joint venture with automaker Stellantis NV to produce electric vehicle (EV) battery cells and modules in the United States.
South Korea's Samsung SDI Co Ltd said on Friday that it had entered an agreement for a joint venture with automaker Stellantis NV to produce electric vehicle (EV) battery cells and modules in the United States.
The NASDAQ 100 After Hours Indicator is down -105.91 to 15,383.68. The total After hours volume is currently 81,702,238 shares traded.The following are the most active stocks for the after hours session: Just Eat Takeaway.com N.V. (GRUB) is unchanged at $16.25, with 10,718,378 s
Many people are passionate about climate change, but not everybody should drive a battery electric vehicle as a means to combat climate change, Toyota Motor Corp Chief Scientist Gill Pratt said on Thursday at the Reuters Events Automotive Summit.