Tesla's Quest
The discourse surrounding Tesla's stock price has intensified in recent times, with mounting scrutiny directed towards its seemingly lofty valuation juxtaposed against concerns regarding its performance and growth trajectory.
Comparat...
Renault's Green Vision
In the dynamic landscape of electric vehicles (EVs), Renault, under the visionary leadership of Jean-Philippe Bahuaud, is spearheading a paradigm shift in sustainable prac...
Driving Sustainable Progress
Elevating the landscape of electric vehicle infrastructure, V-Eco emerges as the brainchild of visionary entrepreneur Pham Nhat Vuong. With a resolute focus on driving sustainable progress, V-Eco...
Revolutionizing Wheels
Embracing automotive culture extends beyond transport, embodying individuality, ambition, and status. In a recent study by Tinting Chicago, American automotive desires reveal iconic cars that transcend function to become symbo...
Silver Arrows Shine Again
Unveiled on Wednesday, the W15 is the culmination of a year-long design journey, emerging as a distinctive competitor. “The process of designing a car is iterative and extensive,” says J...
BMW Accelerates Into the Future
In a strategic move towards embracing the electric vehicle (EV) era, BMW is injecting €650 million (equivalent to $711 million) to overhaul its primary manufacturing hub in Munich. This major investment, announce...
Revving Up the EV Tax Credit Turbulence
Starting Monday, recent amendments to U.S. Treasury regulations have brought about significant alterations to federal tax credits related to ele...
Pricing Shockwaves
The electric vehicle (EV) market witnessed a dynamic journey throughout the past year, with car dealers initially meeting the surging demand for electric cars through direct fulfillment of factory orders. However, as summer approa...
Winter Wheels
American car dealers rev up the winter sales season. This year-end, they are rolling out generous incentives and discounts to clear out older vehicle stocks and make way for the exciting new models arriving in the new year.
For over f...
EV Tax Credits in Peril
Senator Joe Manchin, Chair of the Senate Energy and Natural Resources Committee, is calling on Congress to reconsider recent guidance from the Treasury Department on electric vehicle (EV) tax credits....
Price Wars and Profit Projections
As we approach the eagerly anticipated date of October 18 for Tesla's (TSLA) third-quarter earnings report, the investor community is buzzing with a blend of optimism and concern. Let's delve into the key factors in...
High Stakes
Detroit's unionized auto workers, despite their pending wage increase, are among the world's highest-paid employees when considering benefits such as healthcare. Their employers currently have the financial capacity, but these elevated l...
Tesla's Shocking Q3 Performance
Tesla, a leading electric vehicle (EV) company, faces stock market turbulence as it nears the Q3 2023 earnings report. Despite early September growth, TSLA stock has been consistently volatile, with Q3 deliveries fall...
UAW Strikes Shake the Auto Industry
The automotive industry is facing significant workforce reductions as United Auto Workers (UAW) strikes persist.
Ford's Layoffs
On Monday, Ford announced layoffs affecting approximately 330 employees&n...
Wall Street Whispers
Stock futures declined on Tuesday, and Treasury yields moved higher as belief grows on Wall Street that the Federal Reserve will likely keep interest rates higher for an extended period.
Ford
Ford announced...
Revving Up for the Future
General Motors and Ford, two automotive powerhouses, are not slowing down. Despite their significant investments in future electric vehicles, they are also making substantial commitments to internal comb...
Warning Signs for Nio
Nio Inc., a prominent Chinese electric vehicle manufacturer, experienced a downturn in its U.S.-listed stocks on Friday after unveiling its first-quarter financial results. The company's revenue fell short of expectations prima...
Musk's definitive statement
At Tesla's annual shareholder meeting in Austin, Texas, CEO Elon Musk acknowledged the company's vulnerability to the global economy and provided insights into the challenges it may face over the next 12 months.
Rumor Cl...
Beyond the commute
US mass transit is in crisis due to the pandemic and remote work, with smaller systems recovering quickly while larger ones like WMATA and BART struggle to survive.
Financial Peril
In the age of remote work, transit systems stru...
Rivian in 2022
Rivian's shares are trading at around $19.14, The Street reports. It's worth noting that Rivian is considered a major competitor to Tesla.
Rivian (NASDAQ: RIVN) shares started the year at $103.69. They are currently trading around $1...
NEW YORK NEWS
News from GlobalNY.biz is the freshest and most relevant information about high-profile events in the region. The task of the resource's news feed is to convey to readers with maximum accuracy and objectivity information about important events in business, politics, economy, healthcare, culture and other spheres of life in New York.
GlobalNY.biz news is a coverage of economic processes taking place in New York, the latest news of public life, incidents and an overview of political events. New York news is information about the activities of small and medium-sized businesses, the work of housing and communal services and utilities, the implementation of significant projects.
The site's journalists describe not only the life of the region, but also talk about the current state of the US economy. Everything you need to know about innovations in the field of industry and agriculture, economy and power is collected in the "News" section at GlobalNY.biz.
New York news quickly informs the reader, shows the real picture and opens up hot topics. Communication with government structures and business enables us to provide our readers with reliable, information-rich material. The main page of the portal contains the key news of New York!
Alena Potapova
Development Director
