Tesla shares sale
Elon Musk, Tesla's CEO and the richest man in the world, according to regulatory filings, sold more than 4.5 million Tesla shares this week, raising about $5bn. Tesla's sh...
Biggest IPO in history
Rivian's listing on the Nasdaq exchange was one of the most anticipated in 2021 investors were not disappointed. The company raised $11.9bn for its development and was valued at $85.9bn, higher than Ford's capitalisation, for ...
Reasons for the stock rise
Lyft's shares rose sharply on Tuesday after a 73 percent quarterly revenue increase. Lyft welcomed investors with news of the return of a director to the company's business and drivers. This allowed for continued growth du...
IPO from Rivian
Electric car startup Rivian, backed by Amazon and Ford, has filed a new Form S-1 with the SEC, with a tentative share price to go public. In the IPO, Rivian hopes to raise $8.4bn. The success of Tes...
New market value
Tesla (TSLA) is now not just the most expensive car company in the world its market value has reached the $1 trillion mark.
This puts Tesla on a par with such giants as Amazon ($1.7 trillion), Google (...
Profits and deliveries
Tesla (TSLA) reported strong earnings and revenue growth on Wednesday, but gave no outlook for the full year 2021. Elon Musk did not attend the financial reporting conference. Tesla reported an important change in battery chem...
Tesla in Berlin
The Tesla factory in Berlin opened its doors to visitors on Saturday. CEO Elon Musk gave a speech, announcing plans to produce 5,000 to 10,000 cars a day, the timing of the launch of battery production, and the ch...
Faster than Tesla
Xpeng Motors (XPEV), a Chinese electric car startup, has reached the milestone of 100,000 cars produced in six years twice as fast as market leader Tesla. Xpeng models are cheaper than their ...
Moving to Austin
Last May, Elon Musk, frustrated by increasingly draconian management in California, threatened to move Tesla's headquarters to Texas. A month later, Tesla was in talks to build its huge new plant outside Austin. By December Musk him...
GM's statements at presentation
General Motors' (GM) presentation to investors this week revealed details of the company's plans to double revenues, transform into a 'platform', build a fleet of 1m robot taxis and more. GM shares were up 4...
Going public on the Nasdaq
Electric pick-up and SUV maker Rivian reported its finances to the SEC on Friday, as the company plans to sell its shares on the Nas...
Record shipments
Tesla once again reported record shipments despite the issue of semiconductor failure.Tesla's sales and production statistics show strong growth, and if this pace continues, it will likely exceed its annual shipment forecast for 202...
Sales fall
General Motors (GM) shares declined in early trading on Friday as the biggest US carmaker reported its first drop in deliveries in four quarters.
Dealers at General Motors Co. (GM) delivered 446,997 vehicles in the US in the third quarte...
New record level for deliveries
NIO (NIO) shares rose on news that monthly and quarterly deliveries exceeded forecasts and reached record levels. The first large-scale delivery of NIO electric vehicles to Norway marked a historic moment.
NIO (NIO),...
XPeng and electric car deliveries
Shares in XPeng (XPEV), the Chinese electric car maker, rose on a report of a new record monthly delivery. Data for September suggest that the company is successfully coping with chip shorta...
Meeting with Tesla employees
CEO Elon Musk on Friday revealed Tesla Cybertrack delivery dates, a new low-cost model and Tesla's "craziest deliveries" of electric cars in September.
Tesla (TSLA) CEO Elon Musk held an all-staff meeting on Friday. The...
Competitors in the production of electric cars
The Wednesday delivery report from Chinese electric car makers Nio (NIO), Li Auto (LI) and Xpeng (XPEV) showed the ongoing problem of chip shortages in the automotive&...
Li Auto has record sales
Shares in Li Auto, the Chinese electric car maker, fell 1 per cent on Monday amid reports of record sales but posting a loss, while analysts had expected a break-even. Li Auto says it plans to expand in Europe.
Li Auto (LI)...
Xpeng report
Chinese electric vehicle maker XPeng (XPEV) has released a report with new record shipments and revenues, and has also given a 26% growth forecast for shipments in the current quarter. XPeng is ramping up production and starti...
Model Y in Europe
Tesla (TSLA) continues to achieve its goal of expanding sales in more markets. The first Model Ys appeared in Europe earlier this month.
Tesla (TSLA) this month began mass deliveries of...
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