vehicles

News of New York

Tesla recalls 40,000 U.S. vehicles: Its shares fall to lowest since June 2021
8 November 2022
3436
Tesla shares Earlier in the week Tesla shares fell 5% on Monday to their lowest since June 2021, as CEO Elon Musk led a reshuffle at Twitter. Fears are mounting that rising losses at Musk's new company Twitter could force him to sell more of his st...
BMW to invest $1.7bn in electric vehicles production in the US
19 October 2022
3766
Electric cars from BMW Germany's BMW is investing $1.7bn in electric car production in the US. The head of the company, Oliver Zipse, told Reuters on Wednesday. He said the company plans to produce at least six models of BMW electric...
Tesla shares fall after quarterly sales report
3 October 2022
3540
Tesla shares after the report Shares of electric car maker Tesla (NASDAQ: TSLA) fell 6.5% to $248 in Nasdaq premarket trading on Monday, October 3. At the time of writing, the decline has slowed to 4.62%. Quotes started the decline on the back of t...
CarMax's net profit for the full financial year is $1.2 billion
12 April 2022
3694
Financial results from CarMax CarMax (NYSE: KMX) today released a report with financial results for Q4 and FY2022. Regarding CarMax shares, it is worth noting that the company's stock has gained 0.03% in the last five days. Also, the company had a ...
Tesla's gigafactory in Austin: Key statements by Elon Musk
8 April 2022
3686
Tesla in Austin Tesla (TSLA) shares closed slightly higher on Thursday on the back of the opening of the company's second plant in the US and fourth in the world. At the event, dubbed 'Cyber Rodeo', Tesla announced its production plans for the comin...
Tesla has raised prices in China for electric cars
15 March 2022
3176
Tesla electric cars in China Tesla has raised prices for electric cars assembled in China for the second time in the last five days. This was evidenced by an update on Tuesday from the company's website in the country. A Model 3 sedan and Model Y c...
Lyft shares fall after report
9 February 2022
3551
Lyft about earnings Lyft shares fell in after-hours trading on the stock exchange after its financial report. Although Q4 earnings per share and revenue were above analysts' forecasts and 2021 was the year Lyft recovered from the pandemic,...
Tesla sets new record for electric car deliveries in a year
3 January 2022
4037
Record deliveries The number of electric cars Tesla handed over to customers in 2021 is 936,172, almost double the previous record of 499,647 cars in 2020. The company said in a statement released on Sunday. The increase in deliveries was 87%. Mean...
Nio unveils new electric ET5 sedan
20 December 2021
4704
New electric car Chinese electric vehicle manufacturer Nio (NIO) unveiled its new ET5 sedan, AR glasses and expansion plan for Germany, the Netherlands, Sweden and Denmark in 2022 during 'Nio Day' on 18 D...
Lithium prices rise due to demand for electric cars
14 December 2021
3512
Demand for electric vehicles The lithium price index from research firm and price provider Benchmark Mineral Intelligence doubled from May to November and is up around 240% year on year. Th...
Intel plans Mobileye flotation at over $50b valuation
8 December 2021
3517
Mobileye IPO Intel (INTC) shares rose after the company confirmed plans to take its subsidiary Mobileye, a developer of technology for unmanned cars, to an IPO in mid-2022. Intel (INTC) shares, up just 5.5% since the start ...
Shares in XPeng, Li Auto and NIO rise on record electric car deliveries in November
2 December 2021
3495
Electric cars from Nio, Li Auto and XPeng Shares in Li Auto XPeng and Nio, China's electric car makers, rose at the pre-market on Wednesday after posting record deliveries in November. ...
Li Auto shares rise on the back of another record delivery and earnings
30 November 2021
3437
Stock rises Shares in Li Auto (LI), up 44.8% in the past six months, rose 6.4% on Monday after the company reported deliveries of its electric cars and sales revenues for the third quarter of 2021 ended September 30. Li Auto shares debuted on the N...
Xiaomi to build electric car plant in Beijing
29 November 2021
3735
Electric cars from Xiaomi Xiaomi has established an electric vehicle manufacturing subsidiary and may soon begin building a plant in Beijing. This suggests that a major new competitor will emerge in the global electric car market in the coming years...
XPeng shares up 8%
25 November 2021
3775
XPeng earnings Chinese electric vehicle maker XPeng (XPEV) has published a Q3 earnings growth report better than analysts' forecasts. Investors are encouraged by XPeng's plans to test robot taxis and further expand into Europe. ...
Tesla shares experience one of the worst declines in history
17 November 2021
4657
Не лучшие времена Акции Tesla (TSLA) продолжили падение в понедельник на фоне новостей о продаже еще одной крупной доли генеральным директором Илоном Маском . Пессимизма добавило появление еще одной соперницы - Rivian , а также иск JPMorgan Chase . ...
Elon Musk has sold $5bn worth of Tesla shares
11 November 2021
4590
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...
Rivian IPO becomes one of the largest IPOs in history
11 November 2021
4420
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 ...
Lyft shares up 12% after report
3 November 2021
3956
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...
Rivian is aiming for a market valuation of $53bn
2 November 2021
4119
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...
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