Luxury electric car maker Lucid Group is on track to meet its production targets for 2022 and 2023 and is pushing to achieve this year's goal of 577 vehicles, its chief executive said.
The plan for Ford Motor Co and Korean battery partner SK Innovation to build three battery plants in the United States, announced this week [nL1N2QT2V6], will prompt a furious drive by labor leaders to organize the plants, potentially setting the tone for future union drives at auto industry factories in the U.S. South.
Despite a lot of headlines, infrastructure has gotten the short end of the stick recently. In the past five years, the S&P 500 index has outpaced the iShares U.S. Infrastructure ETF (NYSEMKT: IFRA) nearly two to one. The broad index is up 72% compared to 37% for the ETF.
U.S. startup Lucid Group Inc said on Tuesday it will start delivering luxury electric sedans with a Tesla-beating driving range in late October, posing a major challenge to the market leader whose sales of premium models have stagnated.
South Korean and Japanese stocks tumbled 2% on Wednesday, leading falls in the region, while the Thai baht led currencies lower ahead of a central bank meeting later in the day.
Canada's Millennial Lithium Corp said late Tuesday Chinese battery maker Contemporary Amperex Technology Co Ltd (CATL) has agreed to buy the miner for C$376.8 million ($297.3 million), after outbidding compatriot Ganfeng Lithium.
Tesla Inc Chief Executive Elon Musk said on Tuesday U.S. President Joe Biden's administration was not the friendliest and its electric vehicle policy appeared to be controlled by labor unions.
A North Carolina county on Tuesday added several mining-related standards to its zoning regulations, taking steps that directly affect a proposed Piedmont Lithium Inc mine that could eventually supply the ultralight battery mineral to Tesla Inc.
(RTTNews) - Luxury electric car maker Tesla (TSLA), is making the buyers, who are opting for the Full-Self Driving beta option, sign a non-disclosure agreement, according to Vice. The company is also asking the beta-testers to refrain from posting videos of incidents when the FSD
Lucid Group Inc said on Tuesday it will start delivering its luxury electric sedans with a Tesla-beating driving range in late October, in a major challenge to the market leader whose sales of premium models have stagnated.
A broad selloff in technology and growth names battered the flagship fund of star stock picker Cathie Wood’s ARK Invest, as investors shifted away from tech shares amid a sharp rise in Treasury yields.
What happened
Shares of Tesla (NASDAQ: TSLA) stock dropped 2% in 1:05 p.m. EDT trading Tuesday as analysts debated what the third quarter might look like for the electric car leader when results come out on Oct. 19.
Struggles are mounting for the flagship fund of star stock picker Cathie Wood's ARK Invest, as investors favor stocks that can benefit from rising economic growth and rising bond yields threaten the appeal of technology shares.
Ford (F) Stock Soars On New EV & Battery PlantsDespite optimism for a Biden infrastructure bill to boost clean energy, many electric vehicle (EV) stocks have seen their stock prices struggle as of late. Unlike last year, investing in the EV industry in the stock market today
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares U.S. Consumer Discretionary ETF (Symbol: IYC) where we have detected an approximate $355.7 million dollar outflow -- that's a 20.7% decrease
General Motors Co said on Tuesday its BrightDrop electric commercial vehicle business will add a second delivery van to its lineup in 2023 and has agreed to supply that vehicle to Verizon Communications Inc.
The Nasdaq was set to fall the most among Wall Street indexes on Tuesday as technology heavyweights came under pressure from a surge in bond yields on expectations of higher interest rates and rising inflation.
Toyota Motor Corp's Silicon Valley research arm on Thursday said it had acquired automotive operating system software company Renovo to help accelerate the development of fully-autonomous connected vehicles.
Nasdaq futures fell more than 1% on Tuesday as technology heavyweights came under pressure from a surge in bond yields on expectations of higher interest rates and rising inflation.
Checked
3 minutes 25 seconds ago
This feed is responsible for generating the rss feed related to the topic TSLA