Investors are worried that rising labor costs at Ford and GM will give Tesla a cost advantage. That potential benefit isn't reflected in the EV maker's stock...
Continue ReadingWhile many corners of the space have shown strength, we have highlighted five best-performing ETFs of the day that were the biggest beneficiaries of the change in trend...
Continue ReadingThe EV start-up is offering a rear-wheel drive version of its luxury Air sedan that costs about $5,000 less...
Continue ReadingNvidia is perhaps the clearest evidence of the artificial intelligence boom that has captivated markets this year. The graphics-chip specialist's stock has more than tripled after two back-to-back record earnings reports. Nvidia bulls, certain that this is the company best poised to benefit from AI developments, have likened the company's chips to the picks and shovels in the AI gold rush...
Continue ReadingThe Dow Jones Industrial Average dropped Thursday after initial unemployment claims. Rivian stock dived on a debt offering...
Continue ReadingHyundai Motor and Kia Corp said on Thursday that they had decided to adopt Tesla Inc's electric vehicle (EV) charging technology in the United States. Joining their global peers, including Ford Motor, General Motors and Nissan in adopting Tesla's North American Charging Standard (NACS), Hyundai's and Kia's moves take the Elon Musk-led company's superchargers closer to becoming the industry standard at the expense of the rival Combined Charging System (CCS). Hyundai and Kia's new EVs will come with a NACS port, starting in the fourth quarter of 2024 in the United States, the companies said...
Continue ReadingHyundai and Kia say that they're adopting North American Charging Standard ports for their electric vehicles in the U.S. and Canada, which will give the vehicles access to thousands of Tesla Superchargers across the two countries and Mexico. Tesla’s Superchargers are coveted by other automakers because it has more direct current fast-charging plugs in the U.S. than any other network, and its stations are in prime locations along freeway travel corridors. Hyundai Motor North America said Thursday that new Hyundai electric vehicles in the U.S. will come with the NACS port starting in 2024's fourth quarter...
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Continue ReadingThe Nasdaq 100 is outperforming the small-cap Russell 2000 by more than at the dot-com peak. Credit Tesla, Nvidia and other Magnificent Seven stocks...
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