Ford Motor Co's battery joint venture partner, Korea's SK Innovation, expects the U.S. vehicle industry to face a battery supply shortage until 2025 because of the long lead times to build production facilities, top SK executives told Reuters.
Tesla (TSLA) surprised investors with record vehicle deliveries in the third quarter which analysts say puts it on track to hand over 50% more cars to customers this year.
Wall Street ended sharply lower on Monday as investors dumped Big Tech and other growth stocks in the face of rising Treasury yields, while concerns about a potential U.S. government debt default also fed caution.
Wall Street ended sharply lower on Monday as investors dumped Big Tech and other growth stocks in the face of rising Treasury yields, while concerns about a potential U.S. government debt default offered another reason for caution.
Wall Street tumbled on Monday as investors dumped Big Tech and other growth stocks in the face of rising Treasury yields, while concerns about a potential U.S. government debt default offered another reason for caution.
Tesla announced on Saturday that it had delivered 241,300 electric vehicles last quarter, beating the projections of analysts who had predicted roughly 220,900 deliveries of EVs, reported CNBC. In addition, Tesla also produced 237,823 cars during the period that ended on September 30th of this year according to the press release, all in the face [...] Read more at ETFtrends.com.
Wall Street's main indexes tumbled on Monday as investors shifted out of technology stocks in the face of rising Treasury yields, while fresh U.S.-China concerns over trade offered another reason for caution.
In early trading on Monday, shares of Tesla topped the list of the day's best performing components of the Nasdaq 100 index, trading up 3.8%. Year to date, Tesla Inc registers a 14.0% gain.
What happened
Shares of electric vehicle makers were trading mixed on Monday morning after Tesla (NASDAQ: TSLA) released its third-quarter production and delivery results. One EV maker taking a hit is growing Chinese EV company Nio (NYSE: NIO). As of 11 a.m. EDT today, Nio shares
General Motors Co and Ford Motor Co have agreed to settle a legal battle over the latter's use of the name "BlueCruise" to market its hands-free driving technology.
On Sept. 16, Lucid Group (NASDAQ: LCID) announced it had received an a 520-mile rating for its Lucid Air Dream Edition from the EPA -- the longest range ever for an electric vehicle (EV). It's an impressive milestone worth celebrating and celebrate shareholders have. As of this w
The Nasdaq index fell on Monday as most big technology stocks were pressured by an uptick in Treasury yields, while declines on the S&P 500 and the Dow Jones were countered by gains in shares of Tesla and Merck.
Some people become millionaires by spotting the next Apple (NASDAQ: AAPL) or Amazon (NASDAQ: AMZN) early on. Or they take major risks on speculative investments and are lucky enough to come out on the winning side.But you don't need to be an expert stock picker or a big risk take
The stock market mounted a nice recovery to end last week, but Wall Street seemed to have a real case of the Monday blues. Futures contracts on the Nasdaq Composite (NASDAQINDEX: ^IXIC) were down 72 points to 14,689 as of 8:15 a.m. EDT, pointing to a lower start for the index.
Consumer stocks were mixed in Monday's pre-bell trading. The Consumer Staples Select Sector SPDR Fund (XLP) was 0.19% lower while the Consumer Discretionary Select Sector SPDR Fund (XLY) was recently advancing by 0.20%.
In the wake of recent revelations published in The Wall Street Journal, Facebook (NASDAQ: FB) hits the pause button on "Instagram for Kids." Electric carmaker Polestar nears a $21 billion deal to go public via a special purpose acquisition company. In this episode of MarketFooler
The National Highway Traffic Safety Administration has rejected a 2019 petition to open a
formal investigation into Tesla vehicle fires, according to a federal filing on Monday.