Electric vehicle (EV) stocks have been quite volatile in recent years, and some startups have outright crashed. However, as the trend toward vehicle electrification gains traction globally, NIO and Rivian look like two EV stocks to buy at current levels.
Auto parts maker Vimercati will invest $200 million to open a plant in the northern Mexican state of Nuevo Leon, the state's governor, Samuel Garcia, said on social media on Thursday.
U.S. electric vehicle startups are expected to show the impact of Tesla's price war when they report quarterly results over the next few days, with investors awaiting details on how the companies are managing cash amid a funding drought.
India's Commerce Minister Piyush Goyal met senior U.S.-based Tesla executives last week in a closed-door meeting to discuss the carmaker's plans to establish a manufacturing plant in the country, two people with direct knowledge of the matter told Reuters.
While electric vehicles were once all the rage, Mullen Automotive demonstrated why both investors and consumers need to be careful about nascent industries.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR Portfolio S&P 500 ETF (Symbol: SPLG) where we have detected an approximate $209.2 million dollar inflow -- that's a 1.1% increase week over
Wall Street ended sharply lower on Wednesday following an unexpected credit rating downgrade for the United States. The 10-year treasury yield touched a nine-month high. All three major indexes ended firmly in the red.
In the rapidly evolving era of artificial intelligence (AI), businesses increasingly integrate AI into their daily activities to stay relevant and competitive.
Making automobiles is difficult and expensive. If you look up a list of defunct automakers throughout history, there are nearly 100 automakers starting with the letter "A" that have closed their doors for good.
Below is Validea's guru fundamental report for TESLA INC (TSLA). Of the 22 guru strategies we follow, TSLA rates highest using our P/B Growth Investor model based on the published strategy of Partha Mohanram. This growth model looks for low book-to-market stocks that exhibit cha
Tesla (NASDAQ: TSLA) is cutting prices and margins are falling while EV competitors are facing challenges. As the EV market becomes more uncertain, legacy automakers are reporting higher profits, which in this video Travis Hoium says bodes well for their value over the long term.
September S&P 500 futures (ESU23) are down -0.26%, and September Nasdaq 100 E-Mini futures (NQU23) are down -0.35% this morning as U.S. bond yields hit 9-month peaks, while market participants looked ahead to earnings reports from U.S. tech mega-caps Apple and Amazon.
China's BYD extended its lead over Tesla in China-made electric vehicles sales in July, industry data showed, as customers snapped up its lower-priced EVs and its U.S. rival idled some production to prepare for a revamped Model 3 launch.
U.S. automaker Tesla sales of its China-made vehicles slumped 31% in July from a month earlier, data from the China Passenger Car Association (CPCA) showed on Thursday, as the company prepared its Shanghai plant for the upcoming new Model 3.
When most people think of so-called "value stocks," they're referring to large, mature businesses that trade at relative discounts to their intrinsic value. These are also typically steady stocks that often (but not always) have substantial capital returns programs (think dividen
When examined over long stretches, history shows that Wall Street's major indexes head decisively higher. But over shorter timelines, the directional movement in stocks is no more certain than a coin flip.
U.S. automaker Tesla sold 64,285 China-made electric vehicles (EVs) in July, down 31% from a month earlier, data from the China Passenger Car Association (CPCA) showed on Thursday.
China's loss in India could be Elon Musk's gain. Tesla has had a red-carpet welcome from India for
its proposal to invest in the country, while its largest rival
in electric vehicles, China's BYD, has been stopped
cold by increased scrutiny from New Delhi.
Reuters
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27 minutes 20 seconds ago
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