AUTO News and Press, AutoWeb Inc. From 10/13/22

Nio Stock ( NYSE:NIO ) Nio stock ( NYSE:NIO ) has dropped by more than 40% in the last month, far exceeding the roughly 14% decrease from the S&P 500 index over the same period. Nio stock has lost another 2.5% today as of 11:25 a.m. Eastern Time and...

Lucid Group stock ( NASDAQ:LCID ) has fallen by more than 75% from its 52-week high and by 20% in the last week alone. Lucid Group (LCID) recently reported third-quarter production numbers a nd provided an update on its full-year projection. And after lowering its expe...

Carvana stock price was down on Thursday, trading at $18.74 as of 12:10 PM EDT. As used car prices continued to tumble, Carvana ( NYSE:CVNA ) and CarMax ( NYSE:KMX ) were among the major decliners on Thursday. Except for clothes, electricity, and, obviously, used cars,...

Rivian Stock ( NASDAQ:RIVN ) Rivian stock ( NASDAQ:RIVN ) continued today’s tumultuous week of trading . Rivian stock briefly rose by 2% before plunging to a loss of 2.4%. At 2:15 p.m. ET, it had regained almost all of those losses, falling by ju...

Boeing ( NYSE:BA ) Credit Suisse is pessimistic about the future of Boeing ( NYSE:BA ). Therefore, the bank has begun coverage of the aerospace giant with a sell rating. Boeing stock fell as much as 3% on Wednesday due to the news. What are the Reason...

Ford Stock ( NYSE:F ) Ford stock rose today after falling almost 7% yesterday. Ford’s stock rose not because of any news about Ford ( NYSE:F ) per se but because some investors saw yesterday’s drop as a buying opportunity. Because of t...

Tesla Inc., the uncontested EV heavyweight, has taken its fair share of blows. A string of unfavorable articles has sent the stock ( NASDAQ:TSLA ) to its lowest level since the three-for-one split, which is down more than 30% year to date. The increased trading activity during...

Ford stock ( NYSE:F ) is in the process of revamping. Under the Ford+ banner, the business will run three distinct parts beginning next year. The carmaker is grappling with increased costs and other supply chain challenges as it prepares to divide its heritage internal combust...

The market is trending higher, which is a good reason for Ford stock ( NYSE:F ) to rise more than 8% in the week ending October 5. Morgan Stanley (NYSE: MS) added gasoline to the flames by raising its rating on Ford stock ( NYSE:F )  from “equal weight ...

Rivian stock  ( NASDAQ:RIVN ) rose 14% on October 4 after the electric vehicle, SUV, and van manufacturer released its latest production figures. Rivian’s Primary Business Rivian offers three vehicles: the R1T pickup truck, the R1S SUV, and an Amazon-brande...