Electric vehicle maker Tesla Inc sold 83,135 China-made vehicles in wholesale in September, smashing its record of monthly sales in China, according to a report released on Sunday by the China Passenger Car Association (CPCA).
Elon Musk's $44 billion Twitter takeover saga comes with all the drama necessary to be immortalised in case studies for future captains of industry, as the tycoon's on-off pursuit of the social media platform and unique management style make for a union like no other.
Nissan Motor Co Ltd is pressing French partner Renault SA to cut its stake in the Japanese automaker as much as possible, ideally to 15%, and may consider raising funds to buy back the shares, a source familiar with the matter said.
Better late than never. Electric-car maker Tesla (NASDAQ: TSLA) is about to ramp up production of its long-awaited semi truck, with the first deliveries occurring on Dec. 1. When Tesla Semi was unveiled nearly five years ago, the plan was to bring it to market by 2019.
Electric vehicles (EVs) continue to be a hot topic for investors, but there are more players than ever to be aware of. As the industry expands, new niches are forming, and two are particularly attractive for investors looking for growth and potentially high profits.
Billionaire Elon Musk, days after floating a possible deal to end the war between Russia and Ukraine that drew condemnation in Ukraine, suggested that tensions between China and Taiwan could be resolved by handing over some control of Taiwan to Beijing.
Billionaire Elon Musk, days after floating a possible deal to end the war between Russia and Ukraine that drew condemnation in Ukraine, suggested that tensions between China and Taiwan could be resolved by handing over some control of Taiwan to Beijing.
What happened
Tesla (NASDAQ: TSLA) CEO Elon Musk made a big announcement last night, and it wasn't about his bid to buy Twitter. But that good news wasn't enough to overcome other headwinds that helped bring Tesla shares down 5.9% Friday, as of 3:05 p.m. ET.
Consumer stocks were ending broadly lower late in Friday trading, with the SPDR Consumer Staples Select Sector ETF (XLP) dropping 1.4% and the SPDR Consumer Discretionary Select Sector ETF (XLY) retreating 3.5%.
Elon Musk bought himself some time on Thursday, after a judge accepted the billionaire's request to halt a Twitter lawsuit to allow him to close his proposed $44 billion buyout of the social media company by Oct. 28.
Consumer stocks were broadly lower in Friday trading, with the SPDR Consumer Staples Select Sector ETF (XLP) dropping 1.3% and the SPDR Consumer Discretionary Select Sector ETF (XLY) retreating 3.8%.
Chinese electric vehicle maker Nio will only lease its cars when it launches in four European markets this year, its CEO told Reuters on Friday, betting that flexibility will be a key selling point as drivers switch to the new technology.
NEW YORK (Reuters Breakingviews) - Like sands through the hourglass, so are the days of Twitter board members’ jobs. After Elon Musk said earlier this week that he wanted to close his $44 billion deal to buy the social media firm, a Delawa
NEW YORK (Reuters Breakingviews) - Like sands through the hourglass, so are the days of Twitter board members’ jobs. After Elon Musk said earlier this week that he wanted to close his $44 billion deal to buy the social media firm, a Delawa
Tesla (NASDAQ: TSLA) is arguably one of the most innovative companies in the world. The business is growing rapidly as consumers look to electric vehicles to offset rising gas prices. In this video, I will consider whether the stock is a buy using my beginner-friendly framework f
PepsiCo Inc confirmed on Friday it would take delivery of Tesla Inc's Semi trucks on Dec. 1, becoming the first company to receive its orders of the much-delayed electric vehicle.
PepsiCo Inc confirmed on Friday it would take delivery of Tesla Inc's semi-trucks on December 1, becoming the first company to receive its orders of the much-delayed electric truck.
Shares of Tilray Brands, Inc. TLRY surged 30.9% as the White House announced President Biden will pardon all marijuana possession-related federal offenses.Shares of Occidental Petroleum Corporation OXY jumped 4.1% as oil prices rose globally.Tesla, Inc.’s TSLA shares slid
Rivian (NASDAQ: RIVN) stock jumped 14% on Oct. 4 after the electric truck, SUV, and van maker posted its latest production numbers. In the third quarter, it produced 7,363 vehicles and delivered 6,584 vehicles. Its production volume hit 14,317 vehicles in the first nine months of
For Immediate ReleaseChicago, IL – October 7, 2022 – Zacks Equity Research shares Airbnb ABNB as the Bull of the Day and Eagle Bulk Shipping EGLE as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Tesla TSLA and Twitter TWTR.