Tesla Inc Chief Executive Officer Elon Musk tweeted on Tuesday that a cell supply shortage is making it difficult to scale up production of its long-delayed Tesla Semi commercial truck.
PayPal Holdings Inc will announce later on Tuesday that it has started allowing U.S. consumers to use their cryptocurrency holdings to pay at millions of its online merchants globally, a move that could significantly boost use of digital assets in everyday commerce.
BMW has timed its shift to electric cars well and its upcoming products will upend the perception the German carmaker is behind on electrification and could make its stock compete with the likes of Tesla Inc, its top executive said.
Volkswagen (OTC:VWAGY) outlined a series of steps to accelerate its transition to electric vehicles, targeting market leadership by 2025, challenging EV bellwether Tesla (NASDAQ:TSLA). VW Group common stock has gained almost 20% since the announcement on March 15, while Tes
BMW has timed its shift to electric cars well and its upcoming products will upend the perception the German carmaker is behind on electrification and could make its stock compete with the likes of Tesla Inc, its top executive said.
The U.S. auto safety agency said on Monday that it will collect information about an accident in which a Tesla vehicle crashed into a tractor-trailer in New Jersey.
The House of Representatives Transportation and Infrastructure Committee said on Monday it is investigating a SpaceX commercial space launch that regulators determined violated U.S. safety requirements and its test license.
Electric vehicles have grown from a tiny number of sales a decade ago to selling 3.1 million units in 2020, according to InsideEVs, and the market continues to grow. In the past year, companies like General Motors and Volkswagen have made big promises to expand EV production in t
Much of the focus of vehicle electrification unsurprisingly has been on the auto manufacturing sector. Large automakers like General Motors, Ford, and Volkswagen are ramping up electric vehicle (EV) offerings, and several start-ups are also working to compete with current industr
Visa Inc said on Monday it will allow the use of the cryptocurrency USD Coin to settle transactions on its payment network, the latest sign of growing acceptance of digital currencies by the mainstream financial industry.
The preferred brokerage app of millennials, Robinhood has democratized investing in a way the deep-discount brokerages of the past never could. Easy access, no commissions, and free stocks have lured in millions of first-time investors. Because investing in the stock market is on
The bubble in electric vehicle (EV) stocks may already be starting to pop.Shares of Tesla (NASDAQ: TSLA) are down 28% from their all-time high, while Nio (NYSE: NIO), the leading Chinese EV maker, is off 43%. Other popular EV-related Robinhood stocks like Churchill Capital (NYSE:
Visa Inc said on Monday it will allow the use of the cryptocurrency USD Coin to settle transactions on its payment network, the latest sign of growing acceptance of digital currencies by the mainstream financial industry.
The tech-heavy Nasdaq Composite index is trading down roughly 8% from its recent high, but the index's level has still risen roughly 173.5% over the last five years. Despite very low interest rates and assurance from Federal Reserve officials that its lending rates will remain at
Cathie Wood is the hottest name in investing right now.Investors have been clamoring for stocks that are owned in exchange-traded funds run by Wood's ARK Investment Management LLC thanks to the success of the ARK Innovation ETF (NYSEMKT: ARKK), which is up more than 200% over the
Cathie Wood's five actively managed ETFs all more than doubled last year, handily beating the respectable 16% gain in the S&P 500. As the CEO of ARK Invest, Wood gained international recognition for her steadfast bullish view on Tesla, but she's made plenty of other winning p
It is not uncommon to see investors missing out on their best profit opportunities due to fright over a company's financial statements. Don't get me wrong -- doing due diligence on a stock you want to buy is essential. However, a company's stock performance is tied to its future
Tesla (NASDAQ: TSLA) has achieved a significant first-mover advantage in electric vehicles -- but as the demand for EVs grows, so does competition. One EV rival that deserves closer analysis is Lucid Motors, currently planning to go public via a merger with the SPAC Churchill Cap
Cryptocurrencies have made quite the splash in the investing world over the last few months. Dogecoin (CRYPTO: DOGE) is a type of cryptocurrency, similar to Bitcoin (CRYPTO: BTC).Although it's existed since 2013, it's gained popularity recently. Some people credit Elon Musk for d