Tesla’s China sales hit three-year low
sold just 26,000 vehicles in China last month, down 36% from the more than 40,000 it sold in October 2024 and the lowest it’s been since November 2022. China is Tesla’s second-biggest market after the...
Rivian climbs following EV maker’s new CEO pay package worth up to $4.6 billion
Shares of EV maker are up more than 6% on Monday, following the announcement Friday evening that it will award CEO RJ Scaringe a pay package of up to $4.6 billion over the next decade. The news came ...
In hopes of teasing out more sales, Tesla is renting cars for $60 a day
After a record sales quarter , analysts expect sales to fall in the current quarter, as the end of the government’s $7,500 EV tax credit crimps electric vehicle sales in general. Tesla has a plan: it...
Lucid dips as it lowers its full-year production forecast
Shares of are down more than 4% in after-hours trading on Wednesday following the luxury EV maker’s third-quarter earnings results. Lucid, which delivered 47% more vehicles in Q3 than in the same per...
Rivian shares poised for best day since January as the EV maker hypes its next SUV during earnings call
is on pace to record its second-best trading day of the year. The EV maker’s shares rose more than 15% in Wednesday morning trading following its third-quarter results, which dropped after market clos...
China’s XPeng mimics Tesla, with EVs, robotaxis, robots, and AI chips
An electric vehicle maker is not content to merely manufacture cars, but has far greater ambitions that involve robotaxis, humanoid robots, and even flying cars. Sound familiar? It’s not . Rather, Nas...
Rivian climbs after-hours as it beats on top and bottom lines
posted its third-quarter earnings results after the bell on Tuesday, and its final quarter with the $7,500 EV tax credit saw better-than-expected results. The electric vehicle maker, which delivered 1...
Norway’s wealth fund, Tesla’s sixth-largest institutional investor, votes against Musk’s pay package
Norway’s Norges Bank Investment Management, the world’s largest sovereign wealth fund, said Tuesday that it voted against CEO Elon Musk’s $1 trillion pay package , ahead of the EV company’s annual sh...
Tesla sales fell in several European countries in October, including an 89% drop in Sweden
On the heels of Tesla’s record delivery quarter , early data from Europe suggests the bad news that has plagued the EV maker on the continent for much of the year is continuing. sales fell drasticall...
Bearish options flow sends Lucid lower
Shares of luxury EV maker are being dragged down by bearish options trading on Thursday morning, with a put/call ratio of 5.8 as of 11:10 a.m. ET, versus the 1.05 it’s averaged over the prior 20 days...
Carvana falls after posting worse-than-expected profit despite record revenue and vehicle sales
Used car seller posted its third-quarter earnings after the bell on Wednesday, and Wall Street responded by sending the stock down more than 10% after-hours. The company posted earnings of $1.03 per ...
Slate trucks will use Yelp’s RepairPal network for service and Tesla’s Supercharger network
Slate Auto, the US company that plans to come to market selling $25,000 electric trucks next year, has released new details on how its DIY-friendly trucks will work. And it involves working with other...
Bullish options flows boost Rivian
EV maker is up nearly 5% on Monday afternoon as bullish options flows lift the stock ahead of its third-quarter earnings, set to drop next week. According to Bloomberg, Rivian call options traded ou...
Ford rallies to 52-week high: Wall Street is optimistic about its EV reset and aluminum plant recovery plan
On the first trading session since reported its third-quarter earnings, the automaker is on pace for its best day in the stock market since January 2022. Ford shares are up about 10% on Friday morning...
Ford posts better-than-expected profit and sales, but lowers its full-year earnings outlook
When Ford’s Detroit rival reported its third-quarter earnings this week, investors cheered its results, propelling the stock to an all-time high and its second-best daily gain on record. Suffice it t...
After a record quarter, analysts point out that Tesla’s car sales don’t really matter anymore
currently makes 75% of its revenue — which reached a record last quarter — from electric vehicle sales, but increasingly analysts say that doesn’t matter. In other words, they’re buying what CEO Elon ...
The future of Tesla is really hard to build and increasingly expensive
CEO Elon Musk is hoping that if he builds it, they will come. But he’s going to have to build it first — and that’s proving difficult, and more and more expensive. What Musk and Tesla are attempting t...
Rivian plans its second layoff in two months, cutting more than 600 workers
After laying off about 1.5% of its workforce a month ago, EV maker is once again cutting staff. According to The Wall Street Journal, the automaker will let go of more than 600 employees. Rivian had ...
Tesla posts best quarterly revenue ever in last quarter with EV tax credit
The last quarter with the US government’s EV tax credit was a serious boon for . The company posted its highest quarterly revenue ever, at $28.1 billion in the third quarter, coming in well ahead of W...
Tesla recalls 13,000 vehicles over battery defect ahead of Q3 earnings
has some bad news ahead of its highly anticipated third-quarter earnings report later today: it’s recalling nearly 13,000 2025 Model 3s and 2026 Model Ys, due to a problem with a battery pack componen...