Tesla Inc showed signs of divergent strategies in the world's two biggest automotive markets, raising prices to boost profit margins in the United States while keeping prices steady in China and hoping to grow sales there.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco S&P 500— Pure Value ETF (Symbol: RPV) where we have detected an approximate $199.1 million dollar outflow -- that's a 7.2% decreas
The global chip shortage has grounded major automotive factories to a halt but pushed technology giants to become more flexible by diverting existing supplies to their most profitable products, analysts and executives said.
As of this past weekend, there were fewer than 120 companies whose valuation topped $100 billion. Call me old-school, but I've always considered a market cap in excess of $100 billion to be a megacap stock (today, some folks believe in a megacap cutoff of $200 billion).
Tesla Inc showed signs this week of divergent strategies in the world's two biggest automotive markets, raising prices to boost profit margins in the United States while keeping prices steady in China and hoping to grow sales there.
Environmental groups on Tuesday criticized an expected Biden administration proposal to revise U.S. vehicle emissions that is set to be released as early as next week that they argue is not aggressive enough in cutting auto pollution.
Amazon.com Inc-backed Rivian plans to invest $5 billion initially in its second U.S. electric vehicle assembly plant, according to a company document shared with state economic development officials.
Nearly 140 Democratic U.S lawmakers on Tuesday urged the U.S. Environmental Protection Agency (EPA) to quickly reinstate California’s right to set regulations for vehicle emissions, which was taken away by the Trump administration.
A new worldwide wave of COVID-19. Natural disasters in China and Germany. A cyber attack targeting key South African ports. Events have conspired to drive global supply chains towards breaking point, threatening the fragile flow of raw materials, parts and consumer goods, according to companies, economists and shipping specialists.
Tesla (NASDAQ: TSLA) and the company's investors have high hopes for so-called "robotaxis," self-driving vehicles that are able to turn a depreciating asset into a profit center by sending your vehicle out to ferry passengers around town when not in use. But so far, the reality h
General Motors Co and its Cruise robo-taxi subsidiary have filed a lawsuit to stop Ford Motor Co from using the name "BlueCruise" to market its hands-free driving technology, the companies said on Saturday.
Wall Street gained ground for the fourth straight session on Friday, extending a rally that pushed all three major U.S. stock indexes to record closing highs as upbeat earnings and signs of economic revival fueled investor risk appetite.
Electric car startup Rivian said on Friday it has closed a $2.5 billion fundraising round led by investors Amazon.com Inc, Ford Motor Co and T. Rowe Price.
Wall Street gained ground for the fourth straight session on Friday, extending a rally that pushed all three major U.S. stock indexes to record closing highs as upbeat earnings and signs of economic revival fueled investor risk appetite.
Electric car startup Rivian said on Friday it has closed a $2.5 billion fundraising round led by investors Amazon.com, Ford Motor Co and T. Rowe Price.
Wall Street rallied for the fourth consecutive session on Friday, with the S&P 500 and the Nasdaq on track for record closing highs as upbeat earnings put investors in a buying mood.