GM signed a multibillion-dollar deal for North American EV battery materials
inked a multibillion-dollar deal with a Norwegian graphite manufacturer to supply a key material in next-gen EV batteries. GM’s partner in the deal, synthetic-graphite manufacturer Vianode, will build...
Barclays: Tesla will be even more “disconnected from fundamentals” in 2025
Tesla has long been known as a company whose stock price isn’t always closely tied to its underlying financial performance. Rather, it trades on things like vibes, unsubstantiated political optimism, ...
Tesla is struggling in the US as its aging lineup faces new competition
Last year, electric-vehicle sales in the US grew to 1.3 million, up 7.3% from 2023, according to a new report by Cox Automotive . But sales of Teslas, the top-selling EV maker in the country, declined...
Deutsche Bank thinks that Tesla won’t meet its sales targets, but that the stock will go up anyway
In an analyst note released today, Deutsche Bank raised its price target by $50 to Elon Musk’s favorite number, $420. That’s despite guessing that Tesla’s sales will grow just 15% next year, or poten...
In China, Tesla’s new Model Y will cost even more
Tesla customers in China can soon get their hands on the long-awaited Model Y revamp, internally codenamed “Juniper.” China deliveries begin in March, while the US and elsewhere will likely take a few...
Gasoline is dead. Long live the hoagie.
For decades, America’s gas stations were merely a place to fill up, buy cigarettes, or shamefully lug around a bathroom key attached to a painted two-by-four. But as we move into the new year like wel...
Tesla’s annual sales decline might have been even worse in the US
Tesla’s latest delivery numbers were bad — down 1% year over year — marking its first annual sales decline as a public company. Those numbers look even worse in the US, where deliveries were down 5%, ...
Tesla’s terrible 2024 isn’t boding well for 2025
So much of Tesla’s swollen stock price is predicated on its potential future — fully self-driving cars, autonomous taxis, humanoid robots, AI, its CEO ingratiating himself so much with the future pres...
Tesla’s stock looks like a rocket even if its business looks like... Volkswagen?
Selling more electrified vehicles than you did in 2023 was no guarantee of stock-market success for automakers in 2024. But there was one sure route to a lower share price: seeing annual EV sales shri...
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Detroit revs up EV sales
It’s a good day in Detroit, with Q4 sales figures for and showing surges in EV sales, even after a lackluster showing for at the end of 2024. Ford’s full-year EV sales were up 35%. GM’s were up ove...
Rivian rips higher as Q4 sales beat expectations
Well, it looks like Tesla’s the only high-profile electric-vehicle maker that struggled in the fourth quarter. Rivian reported that it delivered 14,183 vehicles in the final three months of 2024, best...
Wall Street says Tesla really isn’t about cars anyway
So Tesla’s fourth-quarter auto deliveries whiffed versus expectations and year-over-year annual sales were down for the first time since the company went public. Not great. But analysts have been sayi...
Hindenburg unleashes short report on Carvana
Nate Anderson’s short-selling firm, which has been on something of a winning streak lately, published a searing new report on Thursday, calling the firm an “accounting grift for the ages,” its recent...
Chinese EV maker Nio shows signs of life
With its economy ailing, China has been leaning heavily on both automotive exports to support employment and a cash-for-clunkers-style trade-in program in an effort to goose domestic spending. Whether...
Tesla’s deliveries missed analysts’ and its own expectations
Tesla’s fourth-quarter deliveries missed both its own and analysts’ expectations, with the electric-vehicle company selling 495,570 last quarter. Consensus estimates were 498,000, per FactSet, and 512...
Fourth-quarter deliveries “immaterial to the majority of the current Tesla bull case,” Barclays argues
Tesla is expected to set a new quarterly record for deliveries when those figures drop early in the new year (on January 2, to be exact).
Battery meme stock rides again; price rises despite another capital raise
It’s a formula that only small, speculative companies in a relatively buzzy industry can pull off: Announce good news. Have the stock go up. Sell more shares, diluting existing shareholders and seemin...
Tesla dropped 8% yesterday, but it’s still more valuable than the next 40 automakers combined
Traders reached for the sell button en masse yesterday after the Federal Reserve’s inflation concerns spooked the market, putting stocks under serious pressure in the afternoon with the S&P 500 Index ...
ChargePoint and GM building hundreds of “ultra-fast” universal EV chargers
A cloud of uncertainty hangs over the EV world as the industry waits to see what incentives and programs the incoming Trump administration might roll back. American carmakers like and have pulled ba...
Nissan and Honda are looking to merge to take on Tesla and China
Japanese automakers and are in talks to merge in order to better compete with electric-vehicle makers like and China’s , Nikkei reported Tuesday.