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The auto sector, including manufacturers and auto parts providers, are edging lower on Monday as troubles in China persist. Headlining the declines is Tesla (NASDAQ:TSLA) which has again delayed the ramp-up of its production at the Shanghai Gigafactory, per Reuters. Output was originally sche...
Investors bailed out of tech and growth stocks even as tech insiders added more. Insider buying on the XLK ETF has surged to the highest in the last ten years. We discuss why the bottoming in tech and growth stocks could be forming. Subsequently, we believe the outperformance in growt...
Hydrogen-related stocks tumbled early this morning before a turnaround took them into positive territory. The moves of Plug Power (NASDAQ: PLUG) , Nikola (NASDAQ: NKLA) , and Bloom Energy (NYSE: BE) outpaced the overall market on both the downside and upside. After e...
Lordstown Motors (NASDAQ:RIDE) soared 41.22% in Thursday morning trading to lead the electric vehicle sector after closing on its Foxconn deal. Shares of RIDE are roughly back to where they stood one week ago. Rivian Automotive (RIVN) is the second biggest gainer in t...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Investors may consider taking this story with a grain of salt. However, at least one well-known short-seller has made the case that Elon Musk’s buyout of Twitter (NYSE: TWTR ) could be in danger. If that’...
Electric vehicle stocks have been getting hit hard during the recent market swoon. Rivian Automotive (NASDAQ: RIVN) , Lucid Group (NASDAQ: LCID) , and electric heavy-duty truck maker Nikola (NASDAQ: NKLA) all bounced early today. In morning trading Tuesday, these sto...
Nikola is making rapid progress with its Nikola Tre BEV and FCEV development. The EV startup reaffirmed production guidance for FY 2022, despite supply constraints. Nikola is worth considering as a high-risk, high-reward play in the EV market only. For further details see: ...
4 Top EV Stocks To Watch This Week Electric vehicle (EV) stocks have had a rough ride since the start of the year. With headwinds such as the chip shortage throwing a wrench into production, EV stocks have been trading at a discount. Hence, some may argue that EV stocks could be...
The stocks of electric vehicle (EV) makers Lucid Group (NASDAQ: LCID) , Lordstown Motors (NASDAQ: RIDE) , and Nikola (NASDAQ: NKLA) all plunged on Monday. At the lows of the day, Lucid and Nikola stocks were down 10% and 12.9%, respectively. But Lordstown had plunged...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips According to short-seller Hindenburg research , Mullen Automotive (NASDAQ: MULN ) may be the next electric vehicle stock debacle. The news that Hindenburg Research has Mullen Automotive in its sights is not new. T...
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NIKOLA AND ITD INDUSTRIES LAUNCH FIRST HYDROGEN STATION IN ONTARIO Canada NewsWire New station marks major step towards decarbonizing Canada's busiest commercial transport sector TORONTO , July 30, 2024 /CNW/ -- Nikola Corporation (Nasdaq: NKLA), ...
2024-07-25 08:45:00 ET Being at the cutting edge of an industry revolution can come with massive rewards, and also massive risk. That's never been more clear than within the electric vehicle (EV) industry, as Tesla has proven a first-mover advantage can power a company's stock higher fo...