ChargePoint's shares have plummeted over 80%, missing revenue expectations. Revenue guidance for the current quarter was below expectations. Read more here...

Tesla Inc. (NASDAQ:TSLA) is collaborating with Ford Motor Co. (NYSE:F), granting the Detroit electric vehicle (EV) automaker access to its extensive supercharger network. While this partnership signifies a step toward cooperation in the competitive EV market, Fisker Inc. (NYSE:FSR) faced a significant downturn in 2023. Fisker’s financial report for the fourth quarter of 2023 shows a came out with a quarterly loss of $0.39 per share and revenue falling substantially short of projections. The disc...

Tesla fell for a third day on Wednesday after a closely watched analyst at Morgan Stanley lowered his price target on the stock, saying that electric-vehicle demand was continuing to weaken in key markets including China despite hefty price cuts. Morgan Stanley joined other analysts in cutting Tesla's delivery outlook, after its weak China sales for February added to concerns about slowing growth and rising competition. "China EV market is over-supplied, seeing a barrage of price cuts," Adam Jonas said, forecasting a persisting price competition this year...

Tesla stock had looked set to break a brutal two-day slump, rising in early premarket trading Wednesday until one of the biggest Tesla bulls cut his price target on the stock. Tesla shares were up more than 1% in premarket trading, while futures on the and were up 0.4% and 0.8%, respectively. “A challenging year for EVs…demand continues to decelerate despite continued price cuts,” wrote Jonas in a Tuesday evening report...