Tag TSLA

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There's little doubt that the electric vehicle market represents a massive market opportunity for Tesla. According to Cox Automotive's Kelley Blue Book, electric vehicle sales rose nearly 50% in the third quarter, a rate that was far faster than total vehicle sales. As a result, electric vehicles represent about 8% of all vehicles sold in the United States, up from about 6% a year ago...

A disappointing forecast from the automotive chip maker ON Semiconductor appears to have sparked a slide in EV stocks Monday. Tesla shares were down 5.4%, below $200 apiece, while Rivian Automotive stock lost 3%. ON’s results are hitting auto stocks because they imply EV sales are slowing...

Dow Jones futures: Apple earnings and the Fed meeting are next. Tesla stock dived below the 200 price level Monday...

Musk's Tesla wipeout has ballooned to $41 billon as the market sours on EV. Just look at Ford and GM...

Tesla stock is poised to close below $200, hitting levels not seen since May despite a broader market rally and rebound in beaten-down tech...

Western Digital (WDC) shares rose as the company announced plans to split into two independent businesses — one focused on hard disk drives for data centers and the other on flash memory for consumer devices. ON Semiconductor (ON) shares plunged after the chipmaker missed on fourth-quarter guidance estimates, citing softening demand in the automotive sector. Tesla (TSLA) shares slipped after its battery supplier Panasonic (6752.T, PCRFY) cut production of EV batteries in September, blaming slowing economic growth and weakening demand for electric vehicles globally. Yahoo Finance's Josh Lipton and Julie Hyman break down the details of today's trending tickers. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live...

UAW’s historic win might pull the brakes on the Big Three’s EV efforts, as Tesla gets a second look from the market...

The latest round of labor strife between Detroit's Big 3 automakers and the unions that represent that majority of their workers is nearing an end following reports that General Motors reached a tentative agreement with the United Autoworkers Union on Oct. 30. GM had been the last company to reach a deal with the workers, but that changed Oct. 30 after UAW president Shawn Fain called for a new strike against the company over the weekend. The UAW had reached a deal with Dodge-maker Stellantis and its 43,000 unionized workers on Saturday...

Unlike its Detroit rival General Motors (NYSE: GM) who topped Wall Street revenue and profit estimates with its third quarter results, Ford Motor (NYSE: F) fell short of estimates, with its executives attributing the shortfall to the impact of the United Auto Workers’ strike at three of its key U.S. factories, including its truck plant in Kentucky. Upon results, Ford stock closed the week down more than 12%, despite the Blue Oval becoming the first of the three Detroit automakers to reach an agr...