If you have an interest in electric vehicles (EVs), you may be trying to keep up with the barrage of SPAC deals that dominated the headlines in 2020. If you think some flew under your radar, it's understandable. According to the website SPAC Insider, there were 248 companies that
If you're concerned that Tesla (NASDAQ: TSLA) stock's recent wild run higher isn't sustainable, here's a counterargument for you. One analyst said this week that there's plenty of excitement ahead for Tesla. Indeed, shares could rise to $1,200 over the next twelve months, he pred
Tesla (NASDAQ: TSLA) had an epic run last year, with the stock gaining 743% in 2020. Plenty of factors fueled the phenomenal rise, including five successive quarter of profits and a stock split that captivated the minds of investors. The magnitude of Tesla's gain, however, was ma
What happenedTesla (NASDAQ: TSLA) stock outpaced a declining market last month. Shares rose 13% in January compared to a 1% drop in the S&P 500, according to data provided by S&P Global Market Intelligence.
After years of bickering with regulators, Tesla (NASDAQ: TSLA) has finally begun recalling over 100,000 vehicles with faulty touchscreen systems. Tesla has begun the process of notifying owners of Model S sedans made between 2012 and 2018, and Model X SUVs made between 2016 and 2
What happenedShares of NIO (NYSE: NIO) rose 16.9% in January according to data from S&P Global Market Intelligence. The China-based electric vehicle (EV) stock gained ground thanks to strong delivery numbers, favorable analyst coverage, and continued market enthusiasm for the
If you thought 2020 was a weird year for the stock market, welcome to 2021. Short squeezes initially fueled by Reddit users have driven massive gains in various heavily shorted stocks, most notably the troubled video game retailer GameStop. While each mania is different, they all
Tesla Inc has agreed to recall 134,951 Model S and Model X vehicles with touchscreen displays that could fail after U.S. auto safety regulators sought the recall last month, according to a recall posted on a government website Tuesday.
Tesla Inc has agreed to recall 134,951 Model S and Model X vehicles with touchscreen displays that could fail after U.S. auto safety regulators sought the recall last month, according to a recall posted on a government website Tuesday.
Last year was challenging in many respects for investors. The unprecedented coronavirus pandemic upended societal norms and rapidly transformed the traditional work environment. It also played at the heartstrings of Wall Street, with the benchmark S&P 500 losing 34% of its va
It's a David and Goliath story of the modern age. A rogue group of individual investors band together in an online community and decide to take down hedge funds that profit from companies failing. The battle is raging around video game seller GameStop (NYSE: GME), which has shown
Panasonic Corp on Tuesday raised its full-year operating profit forecast by more than a half after it streamlined operations and saw a recovery in sales. The new forecast of 230 billion yen compares with an earlier estimate of a 150 billion yen profit.
Japanese consumer electronics maker Panasonic Corp on Tuesday posted third-quarter operating profit of 130.2 billion yen ($1.24 billion), according to Reuters calculations, beating analysts forecasts as sales rebounded more than expected.
Tesla Motors (NASDAQ: TSLA) stands to collect a nice windfall from the German government. According to a report in Business Insider published on Monday and citing "several government sources," the electric vehicle (EV) specialist will be granted at least 1 billion euros ($1.2 bil
What happenedShares of Tesla (NASDAQ: TSLA) are trading higher today. The electric car maker's stock jumped as much as much as 5.7%. As of 1 p.m. EST, however, the stock was up 4.9%.
Tesla (NASDAQ: TSLA) was one of the undisputed winners of 2020, gaining a massive 743% for the year. That momentum has continued into 2021, with stock already up more than 12%. The company's enigmatic founder, Elon Musk, admits that shareholders are giving Tesla a lot of credit f
Ford Motor Co will tap into software, artificial intelligence and cloud computing offered by Alphabet Inc's Google to develop new consumer services and modernize internal operations, the companies said on Monday.
NIO Stock Has Been On A Tear, Is It A Buy Now?If you’re looking to buy the best electric vehicle stocks in the stock market today, NIO Inc. (NYSE: NIO) easily tops the list. After notching a new record high of $66.99 in recent weeks, the high-flying stock quietly retreated
U.S. electric vehicle maker Tesla stands to receive at least 1 billion euros ($1.2 billion) in public funding from Germany for setting up a battery cell factory near Berlin, Business Insider reported on Monday.
Chinese electric vehicle maker Xpeng (NYSE: XPEV) set another record for deliveries in January, a strong result following the launch of rival Tesla's locally made Model Y SUV. Xpeng said that it delivered 6,015 of its upscale electric vehicles to Chinese customers in January, its