Tesla deliveries surge to quarterly record on last gasp of EV tax credit
released its highly anticipated third-quarter delivery numbers today, beating analysts’ expectations by a long shot. Shares built on their earlier premarket gains to trade more than 3% higher as of 9:...
Stellantis rises after reporting 6.4% jump in US sales
is up more than 3% in early trading after the Jeep maker posted upbeat Q3 US sales, ending a string of quarterly declines in the region. Total US deliveries came in at 324,825 vehicles, up 6.4% from t...
ChargePoint jumps as EV sales soar
Riding along with some other EV stocks, shares of jumped 4.1% in recent trading. The last rush to take advantage of Biden-era federal EV incentives has put a bunch of new electric vehicles on the roa...
Tesla sales grow in some European countries for the first time this year
In September, sales rose in France and Denmark for the first time this year, while they also continued to grow in Norway and Spain, according to early European sales data reported by Reuters . That’s...
Ford sales climb for 7th straight month as EVs hit a quarterly record on tax credit expiration
September marked another banner month for electric vehicle business, with EV sales climbing 85% from the same month last year to more than 11,700 units. For the third quarter as a whole, Ford’s elect...
Lithium Americas spikes on plans for the Department of Energy to take 5% stake in exchange for early access to financing and deferred debt service
Shares of are up more than 30% as of 7:35 a.m. ET after the miner announced a nonbinding agreement for the US government to receive an equity position in the company, in exchange for providing accele...
Some automakers are working accounting magic to extend the EV tax credit beyond today’s deadline
The $7,500 EV tax credit is set to expire after today, September 30. Logically, electric vehicle sales are expected to fall off afterward. But some automakers, including , , and luxury EV maker , have...
Nio climbs following a more than 60% jump in weekly registrations in China
A host of new Model Y competitors appear to be paying off for Chinese EV maker . Shares of the company rose more than 5% in Tuesday morning trading, following reports that the company last week logged...
What analysts expect from Tesla’s last quarter with the $7,500 tax credit
is reporting third-quarter delivery numbers this week and it’s a glass half full or half empty situation. Overall, analysts expect relatively strong sales compared to earlier this year, but weaker num...
Electric vehicle sales to hit record this quarter as sun sets on tax credit
Electric vehicle sales are expected to reach 410,000 in the US this quarter — up more than 20% from Q3 2024, according to new estimates from Cox Automotive. That means EVs will make up a record share ...
Ford and GM reach 52-week highs as EPA seeks to repeal emissions rules
Shares of and are each trading at 52-week highs on Friday, as investors pile into gas-powered US automakers with the looming end of the EV tax credit and the Trump administration’s potential repeal ...
Tesla asks Trump not to repeal legal underpinning for carbon emissions rules
Electric vehicle company would prefer that the government didn’t roll back long-standing emissions rules, according to new comments from Tesla on a proposal to reconsider 2009 findings that said gree...
Tesla slips as BYD outsells Tesla in Europe again
Chinese EV maker outsold in the European Union again in August, according to new data from the European Automobile Manufacturers’ Association (ACEA). Tesla’s stock is down nearly 3% today amid a bro...
GM climbs following upgrade, report that Trump administration seeks stake in its lithium mine partner
Shares of rose more than 2% in premarket trading Wednesday following an upgrade of the stock by UBS from “neutral” to “buy.” The firm also hiked its price target for GM by 45% to $81. Also likely ele...
Chinese EV maker Nio sinks as a surge of orders for its new SUV create a 6-month backlog
Shares of are falling Monday on the bittersweet news that its latest SUV (the ES8, priced to compete with Model Y) is too popular. According to Chinese media reports, up to 50,000 ES8 orders may hav...
BYD dips following report that Warren Buffett’s Berkshire dumped its entire stake after 17 years
has fully exited its stake in the world’s largest EV maker, , sending shares of the Chinese auto giant down on Monday. A CNBC report over the weekend highlighted the change, which was disclosed back i...
Lucid climbs out of its reverse stock split rut as EV demand swells
rallying like the end of August and beginning of September never even happened. The luxury EV maker rose more than 8% in Wednesday trading, climbing out of its recent all-time lows following the compa...
Nio surges to an 11-month high following an upgrade from UBS ahead of its new SUV launch
Chinese EV maker is climbing for the fourth straight trading day, following an upgrade from UBS to “buy” from “neutral.” Nio’s nearly 7% jump propelled the stock to its highest level since last Octob...
Rivian climbs as it breaks ground on a $5 billion EV plant that could produce 200,000 vehicles a year by 2028
EV tax credits may be ending this month, but still optimistic about future demand. The electric vehicle maker on Tuesday broke ground on its delayed $5 billion Georgia plant that it says will be able...
Tesla still sells a lot more EVs in the US than anyone else
Even as continues to lose market share to competitors, it’s important to note that it’s still selling a lot more EVs than anyone else. In August, Tesla sold about 55,000 cars in the US — more EVs than...