Fall after company report
Shares in Lucid Motors (LCID) continued to decline on Tuesday after the electric car start-up, led by former Tesla chief technology officer, reported its quarterly results. Investors and analysts are finding it difficult to...
US highway department investigation
The US National Highway Traffic Safety Administration (NHTSA) has launched a formal investigation into Tesla's autopilot system after another accident involving it.
Tesla (TSLA) shares fell 4.3% on Monday after t...
Revenues and deliveries
Nio released its second-quarter financial report on Wednesday, announcing an expansion of production capacity and plans to launch three new electric vehicles in 2022.
Chinese electric car maker Nio (...
Tesla sales in China
Sales figures for Tesla vehicles (TSLA) produced in China in July showed a decline compared to June. Most of them are related to exports, with Tesla sale...
Livent's shares after report
Livent (LTHM) shares rose 8.6% on Friday after the lithium producer raised its full-year earnings and revenue guidance. Livent is expanding its production capacity in the U.S. and ...
Uber's business
Uber shares fell after the report, repeating the trajectory of its smaller rival Lyft. Despite the good quarterly results, investors saw warning signs for the profitability of Uber's business.
Uber Technologies (UBER) posted higher ...
Losses and plant closures
General Motors reported strong second-quarter results thanks to strong price increases for its pick-up trucks. However, the loss of $800m on the recall of nearly 69,000 Chevrolet Bolt EVs and the closure of GM factories due...
Nikola's shares
Hydrogen-fuelled truck start-up Nikola reported its quarterly results on Tuesday, posting a loss and halving its year-end delivery forecast to just 25-50 units.
Nikola (NKLA) is a developer and manufacturer of zero-emission battery-...
Trading on NASDAQ
Shares in Lucid Motors rose 10.6 per cent on Monday in its first day of trading on the NASDAQ exchange. The company has become the fourth most valuable electric car m...
Company profits and chip shortages
Tesla expectedly beat Wall Street estimates for second-quarter earnings and revenue. However, due to battery material shortages and a shortage of chips, Tesla will not b...
Electric car production
By 2022, Mercedes-Benz expects to have battery electric vehicles (BEVs) in all the segments it serves. Starting in 2025, all new models will be electric only, for which the company will create three new platforms in 2025, des...
Lucid Motors' exit to the stock exchange
Electric car maker Lucid Motors was about to go public on the New York Stock Exchange through a merger with SPAC company Churchill Capital Corp IV. However, some of Churchill Capital's shareholders declined t...
Entering new markets
Investors in General Motors are now assessing the pace of the company's transition to electric vehicles and the chances of competition. But GM shares can get a boost not only from successes in the electric car market, but also i...
Record sales
Shares of Nio and Xpeng Motors rose on reports of higher sales of their electric vehicles in June than in May, as well as strong second-quarter delivery totals for the full second quarter, despite a global&...
Forecasts from UBS
Tesla shares fell on Tuesday as UBS cut its target price its growth forecast for the next 12 months was lowered from $730 to $660.
Tesla (TSLA) remains the global leader in electric vehicles, an analyst at Swiss bank UBS said on ...
Tesla CEO's finances
Tesla and SpaceX CEO Elon Musk's fortune has risen by $9.9bn in the past week, Forbes reports.
Musk is in third place on the Forbes list, his fortune is estimated at $165.9 billion. The entrepreneur is ahead of Amazon CEO Jeff ...
Hong Kong dual listing
Shares in Xpeng Motors rose 4 per cent on Wednesday amid reports that the Hong Kong regulator has approved the carmaker's listing on the Hong Kong Stock Exchange. Going public on the Asian exchange will allow Xpeng t...
Second quarter 2021
Ford said on Thursday that its expectations for the second quarter of 2021 have increased compared with April. Ford sees growing demand for its electric vehicles and also points to lower costs a...
New manufacturing plants
General Motors will increase its spending on electric cars, following a similar move by rival Ford, and also plans to open two new battery plants, Reuters reports. GM is counting on the US government to help f...
Model S Plaid presentation
Tesla went live on Thursday, demonstrating the long-awaited version of its ten-year-old Model S sedan, the Plaid. Elon Musk said the Model S Plaid is "faster than a Porsche and safer than a Volvo".
Tesla (TSLA) CEO Elon M...
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