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2024-05-01 11:55:49 ET More on Consumer Discretionary Select Sector SPDR ETF XLY Will Continue To Be Fueled By Resilient Consumer Spending In 2024 XLY: Consumer Discretionary Rebound May Reverse As Retail Sales Crash BofA weekly fund flow report: Selling in consumer ...
Electric vehicle giant Tesla has announced that its affordable EV will be built on the company's current production lines rather than new platforms. Rather than introduce a next-generation EV platform for the long-promised electric car, Tesla will tweak the affordable EV's production plan and d...
2024-05-01 05:47:22 ET NIO Stock: I Keep Disagreeing With Wall Street NIO: Broken Growth Story Likely Getting Worse NIO: Business Model Looks Unsustainable Nio and Lotus enter strategic cooperation deal on battery charging and swapping Ohio Senator Sherro...
NIO delivered 15,620 vehicles in April 2024, increasing by 134.6% year-over-year NIO delivered 45,673 vehicles year-to-date in 2024, increasing by 21.2% year-over-year Cumulative deliveries of NIO vehicles reached 495,267 as of April 30, 2024 SHANGHAI, China, May 01,...
2024-04-30 18:04:06 ET Summary Wall Street analysts rate NIO stock as a strong buy with an average rating of 3.89. I disagree with this bullish sentiment. I have been concerned about NIO's profitability, and my concern is exacerbated by China's ongoing EV overcapacity and inte...
2024-04-29 07:12:47 ET More on Tesla Tesla Is A Car Company That Continues To Appear As Something Else Tesla: Sugarcoating Fundamental Damage Tesla: The Inventory Jump In Q1 Isn't Good, But May Not Be All Bad Biggest stock movers today: TSLA, PHG, and more ...
2024-04-28 11:30:00 ET Many electric vehicle (EV) stocks crumbled over the past year as the market cooled off and rising interest rates compressed their valuations. But according to Precedence Research, the global EV market could still expand at a compound annual growth rate (CAGR) of 23.4%...
2024-04-28 11:26:01 ET Summary NIO Inc. missed its initial Q1 delivery guidance, raising significant concerns about its ability to ramp up production this year. Competition in China's EV market is expected to intensify in 2024. Xiaomi's entry into the EV market has worsened co...
2024-04-26 15:00:06 ET More on the markets SPY: The 'Value' From Equities Is Historically Low SPY: The Setup Looks Extremely Bearish Be Greedy When Others Are Fearful, Even If They Are Fearful For A Good Reason BofA watched clients retract $2B last week as th...
2024-04-26 14:03:43 ET Markets seem poised to end the week on a high note with both the S&P 500 and Dow Jones Industrial Average inching up after a rocky trading session yesterday. But several electric vehicle (EV) stocks are charging considerably higher today with inves...
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2024-07-17 13:55:00 ET While most electric vehicle (EV) stocks had a rough start to 2024, Nio (NYSE: NIO) is among the worst-performing EV stocks of the year so far. Shares of the Chinese EV maker plunged 54.1% in the first half of 2024, according to data provided by S&P G...
2024-07-12 06:00:00 ET Nio 's (NYSE: NIO) stock has declined nearly 60% over the past 12 months and trades almost 30% below its IPO price. The Chinese electric vehicle (EV) maker ran out of juice as its deliveries slowed down and its vehicle margins shriveled. Like many of its ...