Ford Motor Co plans to build up to 500,000 electric trucks a year at its BlueOval City complex under construction in western Tennessee, the automaker said on Friday.
The electric vehicle (EV) industry has been under intense pressure due to a combination of macroeconomic and industry-specific headwinds. Rising interest rates make it more expensive for consumers to finance car purchases, and higher EV investment by legacy automakers and new pla
Chinese battery giant CATL plans to start this year the mass production and delivery of batteries based on a new materials technology, M3P, which will perform better and cost less than nickel and cobalt-based ones, its chairman said.
South Korea's LG Energy Solution Ltd (LGES) said on Friday it would invest 7.2 trillion won ($5.58 billion) to build a battery factory in Arizona, reviving a project paused last year due to adverse economic conditions.
Boeing's first mission carrying astronauts to space aboard its Starliner capsule has been delayed until at least the summer, a NASA official said on Thursday, as people familiar with the matter said last-minute tests and technical debates nixed a plan for an April launch.
The electric vehicle (EV) sector has been gaining momentum in recent years. This comes as more consumers and governments look to reduce their carbon footprint and transition away from fossil fuels. EVs are powered by electricity instead of gasoline, and they offer a number of adv
Below is Validea's guru fundamental report for TESLA INC (TSLA). Of the 22 guru strategies we follow, TSLA rates highest using our P/B Growth Investor model based on the published strategy of Partha Mohanram. This growth model looks for low book-to-market stocks that exhibit cha
For Immediate ReleaseChicago, IL – March 23, 2023 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in
Over the past two centuries, there has been a constant changing of the guard among the world's most valuable companies. In 1901, steel was the key driver of value in the stock market, with United States Steel becoming the first-ever company to surpass a $1 billion valuation.
onsemi ON is expanding its product portfolio with the launch of the online Elite Power Simulator and Self-Service PLECS Model Generator.At the early stage of the development cycle, these tools through system-level simulations provide accurate data for complex power electr
Investors with an interest in Automotive - Domestic stocks have likely encountered both General Motors Company (GM) and Tesla (TSLA). But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.
The Federal Reserve is set to conclude its two-day policy meeting on Wednesday, with Fed Chair Jerome Powell delivering his typical post-meeting afternoon conference. But with recent banking failures roiling financial markets, will Powell stay the course and pull the trig
Shares of Tesla, Inc. TSLA surged 7.8% after car registration data from China suggested that the EV giant was on track to report one of its best quarters in the country.Shares of PacWest Bancorp PACW skyrocketed 18.8% as regional banks staged a comeback.ConocoPhillips’ CO
Remember the bold promise made by Tesla's TSLA CEO, Elon Musk, at the company’s Battery Day in 2020? He assured to launch a low-cost $25,000 electric vehicle (EV) in about three years. We are in 2023 and Tesla is not ready with its super cheap electric car as promised. In
Tesla (TSLA) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.