Vietnamese electric vehicle (EV) maker VinFast has reported a drop in first-quarter revenue by 49%, with a net loss deepening to $598 million in the first full reporting period since it started exporting to the United States.
Tesla's ambitious plan to boost auto production in Shanghai, its most valuable plant globally, hinges on China's approvals to develop 70 hectares (172 acres) of former farmland that is currently overgrown with wildflowers.
Chinese electric vehicle maker Xpeng Inc on Thursday expanded its self-driving capability to Beijing as part of the automaker's expanded launch of City NGP (Navigation Guided Pilot) across the mainland.
Two U.S. senators on Thursday urged the National Highway Traffic Safety Administration (NHTSA) to reconsider its decision to tell automakers not to comply with a recently effective Massachusetts state "right to repair" law designed to allow customers access to vehicle data.
Two U.S. senators on Thursday urged the National Highway Traffic Safety Administration (NHTSA) to reconsider its decision to tell automakers not to comply with a Massachusetts state "right to repair" law designed to allow customers access to vehicle data so they can seek repairs outside dealerships.
The First Trust Large Cap Core AlphaDEX Fund ETF is seeing unusually high volume in afternoon trading Thursday, with over 315,000 shares traded versus three month average volume of about 62,000. Shares of FEX were up about 0.7% on the day.
In recent weeks, Tesla Motors TSLA has made headlines in the world of finance with a record-breaking 13-day winning streak that saw the company's shares climb to unprecedented heights though the streak broke after the Fed rate hik
Tesla will hire fewer temporary workers at its plant outside Berlin than it did in its ramp-up phase and refrain from Saturday shifts, but it is still on track to achieve its production targets, the company said on Thursday.
Japan will give Toyota around 120 billion yen ($854 million) support towards the automaker's plan to invest in domestic production of the lithium ion batteries used in electric vehicles (EV), the Nikkei newspaper said.
In an ambitious shift, Japan’s auto giant Toyota TM has unveiled new strategies to become a frontrunner in the electric vehicle (EV) market, which has sent its stock soaring. Also, despite some overseas investors questioning the i
Is the bull market back? Tesla (NASDAQ: TSLA) investors seem to think so. After going on a multi-week streak, shares of the electric vehicle (EV) maker are now up a staggering 131% this year, giving it a market capitalization of $782 billion and adding hundreds of billions in val
Wall Street was on track to open lower on Thursday as the Federal Reserve signaled that borrowing costs could increase further this year after it skipped raising them in its latest meeting.
Over the past few months, I have written many research notes on future mobility (which includes both electric vehicles and autonomous vehicles — there is a difference). One of the biggest issues that I’ve seen is the divergence between the newer, emerging EV stocks (which have just started production) and the legacy automakers (which have been [...]
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There's a price war taking place in electric vehicles, and while it will hurt the pricing power for legacy automakers, EV companies are actually feeling the pain. Travis Hoium highlights how much Tesla (NASDAQ: TSLA) and others will feel the impact of cutting prices.
Below is Validea's guru fundamental report for TESLA INC (TSLA). Of the 22 guru strategies we follow, TSLA rates highest using our Small-Cap Growth Investor model based on the published strategy of Motley Fool. This strategy looks for small cap growth stocks with solid fundament
U.S. stock index futures fell on Thursday as the Federal Reserve signaled that borrowing costs could increase further this year after it skipped raising them in its latest meeting.
Ken Griffin's Citadel reported a record profit of $16 billion last year, bring its total earnings to $66 billion since its inception in 1990. That makes Griffin the most successful hedge fund manager in history, according to LCH Investments. It also makes him an excellent source
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