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Over 90% of U.S. multinational firms surveyed by the American Chamber of Commerce (AmCham) in Shanghai have cut their annual revenue projections in the wake of the city's gruelling two-month lockdown, the business group said on Wednesday.

What happened Tesla's (NASDAQ: TSLA) stock was moving higher today, likely as investors processed an analyst's recent upgrade for the electric vehicle stock and after Cathie Wood-led Ark Investment Management added more Tesla shares to its portfolio yesterday.

The S&P 500's close below 3,837.25 on June 13 didn't just signal the birth of a new bear market – it also marked the death of the most recent bull market.

U.S. stocks on Tuesday extended losses from a bruising previous session in which the S&P 500 confirmed a bear market as investors braced for an aggressive interest rate hike by the Federal Reserve this week.

The managers behind the recently launched Engine No. 1 Transform Climate ETF (NETZ) focus on U.S. stocks that will drive the transition to decarbonize the economy. But they aren’t above working with polluters.That’s part of their DNA. 

What happened Shares of Ford (NYSE: F) rebounded partly from Monday's 7% stock sell-off, gaining 3.6% through 11:10 a.m. ET this morning.

Stock splits seem to be all the rage on Wall Street these days. Amazon, Shopify, and now Tesla are just some of the big names that either have split, or plan to split, their shares. Although it doesn't fundamentally change your investment in any way, it almost seems like an atten

Investors interested in stocks from the Automotive - Domestic sector have probably already heard of Fox Factory Holding (FOXF) and Tesla (TSLA). But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.

U.S. stocks extended losses on Tuesday, after a bruising selloff a day earlier pushed the S&P 500 to confirm a bear market, as investors braced for an aggressive interest rate hike from the Federal Reserve this week.

The S&P 500 headed into bear market territory this week. The benchmark has dropped 21% this year. Investors worry the latest inflation data may prompt the Federal Reserve to lift interest rates even more than expected. This may not be the most enjoyable time to sit down and l

In a recent fireside chat, Ford's (NYSE: F) CEO Jim Farley said that seeing Tesla's (NASDAQ: TSLA) second-quarter results last year was an "epiphany" for him. He realized that electric vehicles can make more money for Ford than its internal combustion engine (ICE) offerings.

Today's video focuses on Tesla (NASDAQ: TSLA) and recent news impacting its stock price. One discussed topic is the massive gap between analysts' price targets. On June 10, Barclays adjusted Tesla's price target to $370. On June 13, RBC Capital revised its Tesla price target to $

A key executive who was leading Tesla's lobbying effort in India has resigned, weeks after the U.S. carmaker put on hold plans to sell electric cars in the South Asian nation, two sources aware of the matter told Reuters.

When it comes to new technologies with explosive growth potential, none have garnered quite as much enthusiasm as electric vehicles. Not only are they an essential part of a clean energy future, but industry leader Tesla (NASDAQ: TSLA) is proving it can produce them at higher pro

U.S. stock index futures pointed to a potential rebound on Wall Street on Tuesday after a sharp selloff in the previous session pushed the S&P 500 into bear market territory.

Electric vehicle (EV) stocks haven't been immune to the market sell-off. Most companies have fared worse than the broader market. This weakness begs the question: "Are EV stocks safe to buy now?"While I can't predict the future, I think the market is giving investors solid entry

Despite solid demand and regulatory support, shares of the EV (Electric Vehicle) makers are on a free fall. For instance, shares of Tesla (NASDAQ: TSLA), Nio (NYSE: NIO), and Lucid Group (NASDAQ: LCID) are down about 39%, 50%, and 57%, respectively, year-to-date. 

Production challenges stemming from supply shortages as well as higher raw material and battery costs are taking a toll on the EV makers and their stock prices. 

It's worth mentioning that Tesla, which was managing the supply chain volatility and raw material cost headwinds well, has warned that its Q2 performance could take a hit due to supply issues. 

Bloomberg, citing Tesla's internal email, reported that Elon Musk has signaled that supply and production headwinds at its China facility negatively impacted its Q2 performance. 

Following the update, Tesla stock closed 7.1% lower on Monday. Meanwhile, shares of Nio and Lucid dropped 11.9% and 9.5%. 

Now What?

While supply and production challenges could continue to hurt the operations of EV makers, higher average selling prices and cost optimization could help counter the higher raw material costs. 

During the last reported quarter, Lucid's CEO, Peter Rawlinson, stated that the company is increasing the prices of its vehicles to combat increased costs. Meanwhile, the company reiterated its production forecast (12,000-14,000 vehicles) for 2022. However, it warned that extended supply disruptions and a COVID-led factory shutdown in China could impact its production guidance. 

Meanwhile, Tesla's increased deliveries and selling prices have led to higher automotive margins. However, production issues can hurt its operations. 

As for Nio, its focus on cost optimization and the launch of a new hybrid battery is supporting its margins. Further, the company could raise prices to confront higher costs.  

Bottom Line

Production and supply issues could hurt these EV makers' near-term prospects and make it challenging to meet the high demand. However, the long-term fundamentals remain intact, underpinned by secular industry trends, a strong demand trajectory, and innovation.

While EV stocks have lost significant value amid the pandemic, TipRanks' Stock Comparison tool indicates that the Street prefers Nio to outperform peers. Further, NIO stock scores higher on TipRanks' quantitative Smart Score tool. 

Nio's new battery, expected price increase, new model launches, and easing regulatory pressure bode well for future growth. 

Nio stock has 14 unanimous Buy recommendations for a Strong Buy consensus rating. Moreover, its average price target of $39.26 implies 145.5% upside potential. Also, NIO stock has a maximum Smart Score of 10 out of 10.

Meanwhile, analysts are cautiously optimistic about TSLA and LCID. Further, TSLA stock has an Underperform Smart Score of 3 out of 10, while LCID has a Neutral Smart Score of 6 out of 10.

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While the S&P 500 confirmed on Monday that it has been in a bear market since January, many of the benchmark's components are in far worse shape following months of fear-driven selling related to rising interest rates and worries about the economy.

The U.S. stock market's brutal year reached a grim milestone as the S&P 500's slide on Monday confirmed a bear market for the first time since March 2020, fueled by worries over sky-high inflation, a hawkish Federal Reserve and future economic growth.

3 Top Solar Energy Stocks To Check Out In The Stock Market TodayWhile markets are fearful of a recession, investors could be keen to look for long-term plays in the stock market today. For one thing, solar energy stocks could be worth considering as the world continues to shift t