What happened
EV maker Rivian Automotive (NASDAQ: RIVN) has been on investors' radar this week for the wrong reason. While past performance isn't necessarily indicative of future results, the drag Rivian stock has had on the first-quarter earnings reported by Ford and then Amazon
What happened
Rivian Automotive (NASDAQ: RIVN) stock is losing ground again in this week's trading. The company's share price was down roughly 4.3% from last week's close ahead of Friday's market open, according to data from S&P Global Market Intelligence.
If you ask sales personnel which tool they use most at work, a likely answer could be Salesforce (NYSE: CRM). There is a reason that the company uses the ticker symbol CRM to represent itself on the public market -- Salesforce is the clear leader in customer relationship manageme
Auto parts maker Magna International Inc on Friday lowered its annual profit forecast, as a global semiconductor shortage and rising raw material prices pressure vehicle production.
Ford Motor Co confirmed late on Thursday it will halt production next week at its Flat Rock plant where it assembles the Mustang because of a shortage of semiconductor chips.
What happened
When Rivian Automotive (NASDAQ: RIVN) stock crashed last week, I believed it had further to fall. The electric vehicle (EV) stock tumbled 5.4% as of 11:05 a.m. ET today before recouping those losses by two hours later. Even then, Rivian shares though were still down
Ford Motor Company (NYSE: F) is just beginning its transformation that will restructure the company into three distinct business units. The Ford+ plan includes an electric vehicle (EV) unit, a legacy internal combustion group, as well as a group solely focused on its commercial c
A key Democratic senator on Thursday questioned the need to extend electric vehicle tax credits in the face of strong consumer demand and Chinese production of battery components.
What happened
When Ford (NYSE: F) delivered its first-quarter numbers after the bell Wednesday, it reported a $3.1 billion net loss for the period. Most of that was due to the plunging value of its investment in EV start-up Rivian Automotive (NASDAQ: RIVN). But Ford stock still t
Tesla (NASDAQ: TSLA) stock is losing ground in Thursday's daily trading session. The electric vehicle (EV) company's share price was down roughly 4.7% at 11:30 a.m. ET today.
Ford Motor F reported adjusted earnings of 38 cents per share in first-quarter 2022, missing the Zacks Consensus Estimate of 39 cents. Lower-than-expected profits in North America and a wider-than-expected pretax loss in China led to this underperformance. The bottom lin
Tesla (NASDAQ: TSLA) has been on a winning streak lately. After delivering its first-ever profitable year in 2020, it notched record-breaking volume, revenue, and net profits in 2021.
The NASDAQ 100 Pre-Market Indicator is up 226.17 to 13,229.53. The total Pre-Market volume is currently 30,575,862 shares traded.The following are the most active stocks for the pre-market session: Apple Inc. (AAPL) is +3.15 at $159.72, with 6,120,951 shares traded. Smarter Anal
While Tesla (NASDAQ: TSLA) has become one of the global leaders in electric vehicle production, it is still playing catch-up in the fully autonomous driving industry. In this clip from "Ask Us Anything" on Motley Fool Live, recorded on April 21, Fool.com contributors Nick Rossoli
Electric car sales have risen rapidly in recent years, but 2021 was an inflection point for the industry, what with global electric car sales more than doubling in the year despite a severe shortage of semiconductor chips. Electric vehicles (EVs) typically use a lot more semicond
Hertz Global Holdings Inc new chief executive on Wednesday said he expects Americans' pent-up desire for a summer vacation to lead to more strong rental car demand despite rising inflation.
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