EV adoption, battery technology, charging infrastructure, and the shift from combustion engines
Tesla’s stock is trading at its lowest price since November, down 5.6% today and 13% so far this year. That’s happening amid news that sales, rather than returning to growth as promised , are dropping...
When reported its disappointing 2024 deliveries and earnings last month, CEO Elon Musk was able to deflect a price drop with a hearty dose of forward-looking optimism. That may be short-lived. Tesla ...
Another day, another Trump policy that could be bad news for his top benefactor , CEO Elon Musk. The president’s plans for 25% tariffs on aluminum and steel imports would be painful for US automakers...
is seeing a huge drop-off in sales across Europe, coming shortly after CEO Elon Musk’s newfound interest in participating in Germany’s right-wing political movement. The Financial Times reports that T...
shares skidded today after it forecast less profitability in the year ahead and said it expects its EV business to lose between $5 billion and $5.5 billion again this year. If the outlook proves true,...
Electric vehicles still aren’t providing the spark Ford’s looking for. In its latest earnings report, released Wednesday, announced another quarter in the red for its EV division, as expected. Broade...
Last year, more than one in five (22%) of every light vehicle sold in the US was imported from Canada or Mexico, according to S&P Global Mobility. Understandably, that leaves the auto industry incredi...
Analysts: they’re just like us. Namely, the fine folks over at JPMorgan, much like at Barclays , seem equally mystified as we are that stock could be trading up so much after reporting such dismal ea...
The recent rally gave a major boost to Tesla’s income statement — though it wasn’t enough to offset the carmaker’s drop in overall profits. Yesterday, Tesla reported a sharp decline in earnings, with...
Over the course of yesterday’s hour-long earnings call, Technoking Elon Musk spent a lot of time discussing Tesla’s other businesses. Optimus robots! Real-world AI! Autonomous ride hailing ! Semis! E...
Tesla reported earnings today and missed on both revenue and financials. The company’s net income dropped 53% in 2024 compared with 2023, and 71% in the fourth quarter. Tesla said declining average s...
just delivered a solid year, and sees another good one on the horizon in 2025. In its latest earnings report, released Tuesday, GM posted 11% revenue growth to $47.7 billion, more than $2 billion over...
After canceling plans to build a mass-market $25,000 car, last quarter reiterated its plan to “make EVs affordable for everyone” by offering “more affordable models” of its existing lineup in the fir...
“General Motors has consistently executed well in the midst of macro uncertainties, and we think this will continue to position the company well for 2025, amid a lingering EV slowdown, tariff concerns...
The electric-vehicle complex is a sea of red this morning. In one of the 25 executive orders issued on Day 1 of his second term, President Donald Trump seeks to “end the electric vehicle mandate” whil...
In January, less than 4% of would-be EV buyers said was their top choice when it comes to automakers — the lowest share on record — according recent survey data provided to Sherwood News from polling...
, a stock known for sometimes trading on vibes , was down nearly 4% today after observers noted that the electric-vehicle company was offering discounts on its Cybertruck. Last year Tesla sold roughly...
Citing people familiar with the matter, Bloomberg says that and Plug Power are set to get some 11th-hour financing from the Department of Energy before President-elect Donald Trump returns to office ...
stock kept powering beyond $420 to rise 8% today. The stock market is a sea of green after data this morning showed US inflation decelerated in December, but shares of the electric-vehicle maker are p...
Europe’s largest economy isn’t looking healthy. Today, Germany reported a second consecutive annual drop in GDP, with high energy costs and rising interest rates constraining growth. At the same time,...