Rivian (NASDAQ: RIVN) has been on a wild ride since going public, but it's looking more appealing than ever. Production is up, expansion plans are in place, and the company has over $12 billion in cash on the balance sheet. Travis Hoium and Jon Quast discuss the company and its p
Electric vehicles (EVs) are quickly becoming a key part of automakers' lineups, and a recent survey by KPMG showed that auto executives believe EVs will account for up to 40% of their new-vehicle sales by 2030.
The U.S. Energy Department said on Friday it will lend ioneer Ltd up to $700 million to build its Rhyolite Ridge lithium mining project in Nevada, a major step forward in President Joe Biden's plan to develop a domestic electric vehicle supply chain.
The Invesco PureBeta MSCI USA ETF is seeing unusually high volume in afternoon trading Friday, with over 149,000 shares traded versus three month average volume of about 31,000. Shares of PBUS were down about 0.3% on the day.
What happened
Tesla (NASDAQ: TSLA) stock tumbled in early trading on the Nasdaq Friday, as investors considered whether new price cuts on some of Tesla's most popular cars might indicate waning demand -- and imperil profits at Tesla. But at the same time as investors are worrying
In early trading on Friday, shares of Etsy topped the list of the day's best performing components of the S&P 500 index, trading up 1.8%. Year to date, Etsy registers a 11.9% gain.
When investors think of owning shares in Tesla (NASDAQ: TSLA), they often think of owning shares in a company that will eventually dominate the automotive industry.
Investors widely understand two things about the automotive industry: Trucks drive massive profits for manufacturers, and the future is trending toward electric vehicles.
U.S. Treasury Secretary Janet Yellen will travel to Senegal, Zambia and South Africa during the next two weeks, as the United States aims to strengthen ties with a continent that has been the focus of Chinese trade and investment for years.
The Timken Company TKR announced that Ford Motor Company’s F electric light-duty pickup truck, F-150 Lightning, is using Timken’s packaged wheel bearings. Notably, the company started supplying wheel bearings for the F-150 Lightning in April 2022.
Investors in Ford Motor Co. (Symbol: F) saw new options begin trading today, for the March 3rd expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the F options chain for the new March 3rd contracts and identified one put and one call contract
It’s that time of the year when automotive companies, motorheads and industry watchers alike eagerly wait for the winners of the prestigious NACTOY (North American Car, Truck and Utility Vehicle of the Year) awards. The wait is over. The results of the 2022 NACTOY awards