AUTO News and Press, AutoWeb Inc. From 12/28/22

Tesla ( NASDAQ:TSLA ) When Reuters reported on Tuesday that Tesla ( NASDAQ:TSLA ) planned to operate a reduced production schedule in January at its Shanghai facility, investors panicked about the potential for lower demand in the world’s largest a...

Nio Inc ( NYSE:NIO ) Nio Inc ( NYSE:NIO ), a Chinese manufacturer of electric vehicles, received an Overweight rating and a price target of $16.10 from analysts at Morgan Stanley . This comes after the Nio stock opted to reduce its delivery expectation fo...

Tesla (NASDAQ: TSLA) Tesla ( NASDAQ: TSLA ) stock price decline continued on Thursday as investors fretted about fresh news . In the previous three months alone, shares of the electric vehicle (EV) market leader have dropped 55%. As of 11:25 AM ET today, they hav...

Nikola ( NASDAQ:NKLA ) Nikola (NASDAQ: NKLA) and Plug Power (NASDAQ: PLUG) announced that they had engaged in a strategic cooperation to advance the hydrogen economy. The supply deal for environmentally friendly hydrogen will get underway on January 1st. As Plug Power’...

Elon Musk has pledged that his acquisition of Twitter will eventually turn out to be profitable for shareholders of Tesla ( Tesla stock ) in the long run. It appears that investors have differing views. The manufacturer of electric vehicles could come under increasing pressure to implement mo...

Elon Musk’s Twitter initiative, according to Loup Ventures analyst Gene Munster, puts Tesla ( NASDAQ:TSLA ) in danger because the EV manufacturer’s brand is heavily reliant on how the public views the billionaire. “Tesla’s trademark is Elon.” He need...

On Tuesday, Lucid stock opened higher , trading as high as $8.96 a share, but gains could not be maintained. During noon trading, the price of Lucid stock decreased by 0.3%. Electric car start-up In preparation for the growth of its product line, Lucid is working to secure sup...

Rivian Automotive ( NASDAQ:RIVN ) Rivian Automotive ( NASDAQ:RIVN ) stock fell this morning after the EV manufacturer backed out of a possible deal with the world’s most famous luxury car brand just three months after saying they would. Within minu...

Tesla Stock The billionaire neglected the electric vehicle manufacturer in recent months, frustrating many retail investors. Investors in Tesla stock will be significantly relieved by this. The CEO and central boss of the electric vehicle maker, Elon Musk, has been the subje...

In recent times, it has been tough to determine who to listen to regarding Tesla stock. This week, investors in the stock have suffered losses due to confusion regarding the company’s output in China. Citing a memo it had read, Reuters announced on Friday that Tesla ( NASDAQ:...