Tesla may lose the water supply contract for its long-delayed German plant if environmental groups win a court case challenging a licence granted to its water supplier at a hearing next week.
U.S. stock index futures rose on Wednesday, as investors kept a close watch on the rapidly developing situation in the Russia-Ukraine crisis following a softer-than-expected initial sanctions by the Western nations against Moscow.
The electric vehicle (EV) revolution has spurred a major shift in the landscape among automakers. Tesla's (NASDAQ: TSLA) overwhelming success has prompted the industry's incumbent leaders to redirect their focus toward EVs, and encouraged the launch of numerous upstarts like Rivi
Wall Street and investors have been given a not-so-subtle reminder since the beginning of the year that stock market corrections, and even crashes, are a normal part of the investing cycle. Both the benchmark S&P 500 and growth-dependent Nasdaq Composite are enduring their st
The automobile, tires, trucks sector has come up with mixed results this reporting season. Notably, 66.7% of the S&P automobile companies beat on earnings and 100% surpassed the revenues. Moreover, earnings rose 16.5% year over year and revenues were up 6.3%, as repor
U.S. President Joe Biden on Tuesday touted progress by government and private industry to boost American production of minerals used to make electric vehicles and other renewable energy products, but stressed that new mines must benefit host communities and not damage the environment.
Any feelings of relaxation from the long holiday weekend were snuffed out Monday, as the worsening Ukraine-Russia conflict sent the S&P 500 into correction territory for the first time since 2020.
A former Tesla construction manager has filed a lawsuit against the electric car company alleging he was fired for reporting widespread safety violations and race discrimination at Tesla's factories.
What happened
Electric vehicle (EV) stocks are taking a hit Tuesday, with widely followed names such as Tesla (NASDAQ: TSLA), electric truck start-up Rivian (NASDAQ: RIVN), and Chinese manufacturer Nio (NYSE: NIO) leading the way downward. Some of their pain comes from self-infli
(RTTNews) - Tesla Inc. (TSLA) CEO Elon Musk has accused the Securities and Exchange Commission or SEC of purposely giving out information regarding a federal investigation in retaliation against his vocal critique of the federal financial bodies.
Tesla (TSLA) wants to scale up production to 20 million annual cars in eight years – up from roughly 1 million in 2021 – a feat analysts say will be challenging to achieve but not impossible.
Electric-vehicle maker Lucid Group said on Tuesday it would recall more than 200 of its premium sedans due to a possible safety issue, sending its shares down nearly 5%.
In trading on Tuesday, shares of Tesla Inc (Symbol: TSLA) crossed below their 200 day moving average of $828.31, changing hands as low as $818.00 per share. Tesla Inc shares are currently trading off about 3.9% on the day. The chart below shows the one year performance of TSL
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the ARK Innovation ETF (Symbol: ARKK) where we have detected an approximate $285.1 million dollar inflow -- that's a 2.6% increase week over week in out
Mercedes-Benz, owned by the German auto giant Daimler AG DDAIF, is geared up for a tight race in the electric vehicle (EV) domain. It plans to set up production facilities by the second half of the decade to make EVs exclusively. The company has several new EV models, the
U.S. stock index futures fell on Tuesday as fears of a war in Europe deepened amid escalating Russia-Ukraine tensions and threats of sanctions, although energy stocks soared on oil prices hitting their highest since 2014.
A rapid growth in the adoption of electric vehicles (EVs) has attracted more interest, and investment, in the sector. Two key factors that could further spur EV adoption are increased range and lower costs of EVs. Auto and EV companies are investing a lot of time, energy, and mon
Sales growth is an important metric for any company, as it is an essential part of growth projections and instrumental in strategic decision making. By observing this key metric over a period of time, one can clearly understand a company’s growth trend.With regard to this
U.S. stock index futures slid more than 1% on Tuesday before recouping some of those losses as fears of escalating tensions in Ukraine gripped markets, pointing to another volatile session on Wall Street.