Lucid cuts 12% of its US workforce in a profitability push
EV maker announced on Friday it is laying off 12% of its US workforce as part of its efforts to improve profitability. This is Lucid’s third round of layoffs since March 2023. At the end of 2024, the...
Rivian just had its best day ever on the stock market, after more than 4 years of pain
It’s been a brutal start to the year for many EV producers. With federal tax credits for new EVs abolished since the end of September, companies have been under pressure to cut prices to make up for l...
Rivian is on pace for its best-ever trading day as analysts dig into Q4 results
EV maker is on track to log its best trading day on record Friday, as investors pour in following its fourth-quarter earnings report and 2026 guidance and analysts issue bullish appraisals of the sha...
Rivian climbs after posting better-than-expected Q4 results; sees R2 SUV hitting the market in Q2
EV maker reported its fourth-quarter and full-year earnings results after markets closed on Thursday. Its shares climbed 13% in after-hours trading. In the fourth quarter, which coincided with the en...
China-made Tesla deliveries fell at home but surged abroad in January
In January, sales of China-made Teslas fell 45% to 18,485 within China, second-largest market. That’s their lowest level since 2022, according to CnEVPost, citing China Passenger Car Association data...
Ford beats revenue estimates in Q4, with weaker-than-expected earnings
Detroit automaker reported its Q4 earnings after the market closed on Tuesday, capping off a year dominated by tariffs, major EV policy shifts, and multiple fires at a key supplier’s factory. Shares ...
Stellantis dives after announcing €22 billion (~$26 billion) charge related to its EV pullback
shares are tumbling on Friday, down as much as 25% in trading in Milan and its US listing suffering similarly in the premarket, after the Jeep owner announced it would take €22 billion (~$26.5 billion...
Nio projects its first quarterly profit, sending shares surging
Chinese EV maker on Thursday said it expects to achieve its first-ever quarterly profit in its fourth quarter. Its US-traded ADRs rose more than 6% in premarket trading. Based on a preliminary assess...
China outlaws door handles Tesla is famous for
A new Chinese safety rule will require every vehicle sold in the country to have mechanically operable external and internal door handles that work even without power by 2027. The move would effective...
Tesla’s Europe sales get big headlines — but they’re a small part of the business
Another month, another round of headlines about sales in Europe — a market small enough that the company doesn’t even break out its revenue separately in filings . The monthly headline bonanza around...
The economics of Tesla the company are still all about cars. The economics of Tesla the stock are not.
For years, Elon Musk has insisted Tesla isn’t really a carmaker . Slowly but surely, that statement is getting more accurate. On Wednesday, the Texas-based company posted its first-ever annual revenue...
Tesla beats on EPS and revenue, says it has invested $2 billion into xAI
said its fourth-quarter earnings and revenue topped analysts’ expectations, though the company also cemented its first-ever drop in annual revenue. For the quarter, the company’s non-GAAP earnings per...
GM posts a solid Q4 beat, gives higher-than-expected guidance, and announces a $6 billion stock buyback
Detroit automaker reported its fourth-quarter and full-year earnings results on Tuesday. Its shares climbed more than 5% in premarket trading. The company, which leads the US in auto sales, guided fo...
What analysts expect from Tesla’s Q4 2025 earnings
When reports its fourth-quarter and full-year 2025 earnings Wednesday, analysts expect its earnings per share and revenue to decline as spending grows from the same period last year. After Tesla repo...
Ford reportedly in talks to buy hybrid vehicle batteries from Chinese auto giant BYD
Detroit’s and China’s are said to be in ongoing talks to partner on an agreement that would see Ford buy hybrid vehicle batteries from BYD, according to reporting from The Wall Street Journal. The r...
Rivian sinks following UBS downgrade as analysts warn its AI stock boost may have peaked
Shares of EV maker fell 3% in premarket trading on Wednesday, as the company received a downgrade to “sell” from “neutral” by UBS. Analyst Joseph Spak said he believes most of Rivian’s AI news has be...
GM says it will take a $6 billion charge in latest major EV write-down
Shares of are down about 2% in premarket trading on Friday following the automaker’s announcement on Thursday evening that it expects to take $6 billion in charges in Q4 on its EV pullback. GM will t...
Bulls pour into Joby and Archer options as Trump’s push for record defense budget boosts eVTOL names
Options traders appear bullish on electric aircraft makers like and on Thursday, with large volumes boosting the stocks following President Trump’s call for a record $1.5 trillion US military budget...
Ford to bring eyes-off driving to its new EV platform by 2028
is wading into the autonomous race against rivals like and . On Wednesday evening, the Detroit automaker said it plans to introduce “Level 3” eyes-off systems to vehicles being built on its new produ...
Almost every new car sold in Norway last year was an EV
There’s no swerving it: 2025 was a tough year for Tesla the business — even if it wasn’t so bad for Tesla the stock — as the electric vehicle pioneer ceded its crown to Chinese upstart BYD for the fir...