There are few constants on Wall Street. But one thing investors can always count on is a next-big-thing trend demanding attention. For much of the past half-decade, electric vehicles (EVs) have ranked high on the list of game-changing innovations.
Elon Musk's artificial intelligence start-up xAI is in talks to raise up to $6 billion from global investors, the Financial Times reported on Friday, citing multiple people familiar with the matter.
South Korean battery maker LG Energy Solution (LGES) on Friday predicted slowing growth in the global electric vehicle (EV) market this year, signalling further challenges ahead amid intensifying competition from Chinese rivals.
South Korean battery firm LG Energy Solution (LGES) on Friday posted a 43% rise in quarterly profit, helped by increased output from its U.S. joint venture factory with General Motors.
Tesla (NASDAQ: TSLA) stock lost ground Thursday following the publication of the company's fourth-quarter earnings results. The electric vehicle (EV) company's share price closed out the daily session down 12.1%, according to data from S&P Global Market Intelligence.
At times, it seems Lucid Group (NASDAQ: LCID) just can't catch a break lately. Contending with a general slowdown in sales growth for electric vehicles (EV), the luxury vehicle's share price dove to all-time lows earlier this month following news of a recall.
What you need to know… The S&P 500 Index ($SPX ) (SPY ) on Thursday closed up +0.53%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.64%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.10%. Stocks on Thursday closed moderately higher as signs...
I think we can now explain why Tesla TSLA CEO Elon Musk has been so loud about his robotics and AI developments over the autos – because growth of EV sales is slowing markedly.
Stocks were higher Thursday, following a fresh batch of positive GDP data. The S&P 500 rose for a sixth-straight session, just shy of securing another record high. Tesla's (TSLA) mixed quarterly report pressured the Nasdaq, though it did manage to score its own sixth consec
The S&P 500 closed at an all-time high for a fifth straight session on Thursday after data showing strong U.S. economic growth in the fourth quarter boosted sentiment, while Tesla tumbled following a disappointing sales forecast.
The S&P 500 notched its fifth straight record high close on Thursday after news of strong U.S. economic growth in the fourth quarter boosted sentiment, while Tesla tumbled following a disappointing sales forecast.
(RTTNews) - Tesla (TSLA) CEO Elon Musk cautioned that Chinese automakers could potentially outperform their global counterparts and "demolish" competitors if there are no tariffs or trade barriers in place.
Consumer stocks were mixed late Thursday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.7% and the Consumer Discretionary Select Sector SPDR Fund (XLY) slumping 1.4%.
A U.S. appeals court on Thursday grappled with whether the National Labor Relations Board (NLRB) has the power to police social media, in a case involving Tesla CEO Elon Musk's tweet claiming factory workers would lose stock options if they joined a union.
Wall Street stocks climbed on Thursday as news of strong U.S. economic growth in the fourth quarter boosted sentiment, while Tesla tumbled following a disappointing sales forecast.
Consumer stocks were mixed Thursday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.5% and the Consumer Discretionary Select Sector SPDR Fund (XLY) declining 1.6%.
Over the years, EV maker Tesla (TSLA) has evolved into a dynamic technology innovator. With the world’s richest man at the helm (Elon Musk), Tesla has gone from an obscure start-up to the EV king. Tesla has transformed the EV spac
What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.35%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.11%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.45%. Stock indexes this morning are moderately higher as signs...
Wall Street's main indexes gained on Thursday after data reflecting strong economic performance in the fourth quarter boosted hopes of a soft landing, while Tesla's growth warning kept a lid on investor enthusiasm.
Tesla CEO Elon Musk said on Wednesday that Chinese automakers will "demolish" global rivals without trade barriers, underscoring the heat the U.S. electric vehicle market leader faces from the likes of BYD, who are racing to expand worldwide.