Rivian Automotive Inc on Wednesday reaffirmed its annual production forecast of 25,000 units as the electric-vehicle maker continues to battle supply chain disruptions and high material costs.
(RTTNews) - Electric car maker Tesla Inc. (TSLA), has once again suspended most of its operations at its Shanghai factory due to components shortage, according to Reuters.
The production at the company's Shanghai plant was badly affected after city officials brought back str
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Tesla Inc (Symbol: TSLA), where a total volume of 684,531 contracts has been traded thus far today, a contract volume which is representative of approximately 68
The S&P 500 and the Dow rose in choppy trading on Wednesday as banks and energy shares gained, while the tech-heavy Nasdaq came under pressure after inflation data cemented expectations of aggressive interest rate hikes.
A U.S. judge has determined that Elon Musk's 2018 tweets that funding had been secured to take electric car maker Tesla private was inaccurate and reckless, saying "there was nothing concrete" about financing from Saudi Arabia's sovereign wealth fund at that time.
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the ARK Innovation ETF, which added 10,600,000 units, or a 5.7% increase week over week. Among the largest underlying components of ARKK, in morning
Tesla Inc. TSLA has once again issued a new recall impacting nearly 130,000 vehicles. The recalled cars (consisting of 2021-2022 Model S and Model X, besides 2022 Model 3 and Model Y) were facing an overheating problem concerning the CPU of the center screen’s computer. T
Brake maker Brembo has a full order book and all of its plants are running at full capacity, apart from those in China due to a COVID-19 lockdown, its executive chairman said.
The chief executive of Lucid Group Inc on Wednesday expressed concern about chip supplies from China due to COVID-19 pandemic-related lockdowns, adding that the U.S. electric vehicle startup is taking measures to mitigate the impact.
What happened
In Wednesday-morning trading, stock markets are mixed -- the Nasdaq down a fraction of a percent, the S&P 500 up a different fraction of a percent on moderately good inflation data -- a pleasant respite from the three-day streak of nonstop selling that began late la
The S&P 500 and the Dow rose in choppy trading on Wednesday as banks and energy shares gained, while the tech-heavy Nasdaq came under pressure after inflation data cemented expectations of aggressive interest rate hikes.
U.S. stocks were set to open sharply lower on Wednesday as consumer prices rose more than expected in April, fuelling concerns about aggressive monetary policy tightening.
Mining is probably the most vital sector to the global energy transition and the success of the much-vaunted net-zero carbon emissions by 2050 targets, but it's currently the laggard in the process.
U.S. stock index futures rose on Wednesday ahead of monthly inflation data, which is likely to offer investors clues on how aggressively the Federal Reserve could raise interest rates.
Twitter Inc shares have plunged to their lowest level since the social media company agreed to sell itself to Elon Musk for $44 billion on April 25, raising questions over whether the world's richest person will try to renegotiate the deal.
Elon Musk's $44 billion deal to take Twitter Inc private could mark the end of the social media platform's advertising business, many in the ad industry have worried.
A court said that Elon Musk's 2018 tweets that funding was secured to take Tesla private was inaccurate and reckless, saying "there was nothing concrete" about financing from Saudi Arabia's sovereign wealth fund at that time.
Mining is probably the most vital sector to the global energy transition and the success of the much-vaunted net-zero carbon emissions by 2050 targets, but it's currently the laggard in the process.
Tesla Inc sent out a shipment of 4,767 cars from its Shanghai plant on Wednesday for Slovenia, the first batch of exports since the factory reopened on April 19, government-backed media outlet Shanghai Observer reported.