But two other major automakers just joined the fold...
Continue ReadingChina has imposed export controls on graphite, a key material used in electric vehicle batteries, in the latest move to control the supply of critical raw materials...
Continue Reading(Reuters) - Investors piled into a leveraged exchange traded fund that bet on upside in Tesla's shares as the company's stock price sank following a weaker-than-expected earnings report...
Continue Reading(Bloomberg) -- Tesla Inc. this week tempered its growth expectations, signaling that pain is coming for the electric-vehicle industry, a Morgan Stanley analyst said on Friday. Most Read from BloombergIsrael Latest: Hamas Releases Two US Hostages After Secret TalksHere’s What 8% Mortgage Rates Will Do to the Housing MarketUS Presses Israel to Delay Gaza Invasion to Get Hostages OutBiden’s Influence Turns Israel's Ground War Plans Into ‘Something Different’Stock Losses Deepen as S&P 500 Breaches K...
Continue ReadingLucid Group (NASDAQ: LCID) stock is having a disastrous year. Shares of the electric vehicle (EV) maker continued to fall this week, trading 16% lower through noon Friday and hitting its all-time lows of $4.26 a share, according to data provided by S&P Global Market Intelligence. Lucid's ongoing struggles, coupled with a looming EV industry slowdown, are making investors jittery...
Continue ReadingThe company said it plans to start construction on its second EV plant, in Georgia, right on schedule in 2021...
Continue ReadingMeme stock GameStop rose over 2% Friday afternoon amid speculation that the stock may be oversold. Shares rose after GameStop named Chairman Ryan Cohen as its CEO in late September. For its second quarter, GameStop results showed a 2% increase in sales to $1.16 billion...
Continue ReadingToyota has joined its American rivals by adopting the North American Charging Standard (NACS), allowing its vehicles to access Tesla's charging points...
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Continue ReadingThe major indexes saw significant loses as Treasury yields soared. Tesla tumbled on earnings while Nvidia fell on fresh China chip curbs...
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