Tesla is running out of Teslas
In recent quarters, demand has been falling off a cliff . But this quarter is shaping up to look a lot better, thanks in part to the elimination of the government’s $7,500 electric vehicle tax credit...
Nio climbs as JPMorgan upgrades the stock, boosts price target by 67%
Shares of Chinese EV maker are accelerating Tuesday morning following an upgrade from JPMorgan analyst Nick Lai to “overweight” from “neutral.” JPMorgan hiked its price target for Nio to $8, up 67% f...
Nio surges, on track for its second-best day of 2025
Chinese EV maker is on pace for its second-best day of the year, up about 14% in Friday morning trading. Nio’s been boosted recently by its fresh electric SUVs , priced to rival Model Y. An upgraded...
Lucid dips after announcing the date of its 1-for-10 reverse stock split
On Thursday evening, luxury EV maker announced the date of its planned 1-for-10 reverse stock split, and its shares fell nearly 5% in Friday morning trading. Lucid’s stock price will increase 10x on ...
Nio surges as it debuts another electric SUV to rival Tesla’s Model Y
Chinese EV maker is up more than 10% on Thursday morning after the company unveiled the latest model of its ES8 electric SUV, which has begun presales. The new ES8 is about 25% cheaper than the older...
Xiaomi is speedrunning building an electric vehicle business
Going first is hard, and scary. You have to forge a path, fixing problems no one else has ever faced, without the ability to ask anyone for help. There’s a reason Google wasn’t the very first search e...
Tesla’s regulatory credit revenue — and profit — will likely plummet next quarter
Now that the National Highway Traffic Safety Administration is no longer issuing compliance letters to automakers for violating fuel economy standards, there’s effectively no US regulatory credit mark...
Tesla sales jumped from June to July but were down year over year
July data from Cox Automotive shows US EV sales grew 26.4% month over month and 19.7% year over year, their second-best month ever. The highest sellers by volume were , Chevrolet, Hyundai, Ford, and H...
Nio climbs as it begins deliveries of its low-cost Firefly EV in Europe
Chinese EV maker announced Friday that it’s started delivering its Firefly EVs to customers in the Netherlands and Norway, sending shares climbing. The news marks the official start of the Nio sub-bra...
EV maker Nio falls as its weekly registrations come in lower and Citigroup trims its holding
Shares of Chinese EV maker are down more than 7% on Tuesday morning amid stiff electric vehicle competition in the country. Weekly vehicle registrations for Nio’s three brands — Nio, Onvo, and Firefl...
Tesla lowers its prices more than other EV makers
US electric vehicle sales just had their second-best month ever in July, selling more than 130,000 vehicles as manufacturers lowered their prices to move inventory ahead of the federal government’s el...
What does the end of the $7,500 federal tax credit mean for Tesla’s finances?
When the $7,500 federal EV tax credit ends in September , will have some tough decisions to make, having to choose between denting sales or its bottom line. Now we have an idea of just how damaging t...
The first real quarter of tariff impact took a major bite out of automakers’ bottom lines
The first quarter of President Trump’s 25% tariff on the auto industry (and 25% tariff on the auto parts industry) is closed, and it’s been a bumpy road for automakers. Car manufacturers have reported...
Ford’s EV “Model T” moment starts with a $30,000 midsize truck
on Monday touted a new vision for producing low-cost electric vehicles in the US, drawing parallels between the announcement and its iconic Model T. According to CEO Jim Farley, Ford will build multip...
Tesla applies to launch electricity supplier “Tesla Electric” in Great Britain
has applied for an electricity license from British energy regulator Ofgem in hopes of launching an electricity supply arm, “Tesla Electric,” in Great Britain, where Tesla vehicle sales keep falling ....
Where have all the Cybertrucks gone?
For a while it seemed like Cybertrucks were everywhere. Then they weren’t. This spring we got satellite imagery of Tesla’s Texas Gigafactory where the Cybertrucks are made. Scans of lots that hold fi...
Lucid falls on disappointing earnings and a weaker production outlook
Shares of luxury EV maker fell more than 6% in after-hours trading after the company posted its second-quarter earnings. Lucid reported a loss per share of $0.28 on $259.4 million in sales. That’s wo...
Rivian hits the brakes after disappointing earnings and a cut to annual guidance
posted second-quarter earnings after the bell on Tuesday, and the EV maker sees bumpier roads ahead. Rivian shares were down more than 4% in after-hours trading. Rivian’s loss per share of $0.91 came ...
Tesla sales fall in Europe’s two biggest EV markets while BYD sales soar
Last month sales more than halved in Europe’s two biggest EV markets, the UK and Germany, compared with a year earlier. Meanwhile, sales of vehicles from Chinese EV maker more than quadrupled in tho...
Rivian is suing Ohio over the state’s “irrational” ban on direct car sales
EV maker is suing Ohio’s department of motor vehicles to end a rule that it says provides special treatment in the state. Ohio bans car companies from selling vehicles directly to consumers, instead...