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Nikola (NASDAQ: NKLA) hasn't posted any significant news since it reported first-quarter earnings earlier this month. But shares of the electric heavy-duty truck start-up have been shooting higher this week. Early in Friday's trading session, Nikola shares were 19.6% higher for the ...
Uber is unveiling an EV service that will enable clients to specifically request an electric vehicle when they need a ride. This service, dubbed Uber Comfort Electric, will debut in San Francisco, Los Angeles, and San Diego as well as Dubai, and features fully electric cars made by Polestar ...
Problems in his personal life are likely Tesla (NASDAQ:TSLA -8.8%) Technoking Elon Musk's chief concern at present, but his business interests are not faring well either. A spate of bad news has hit the Texas-based electric vehicle stalwart, including its recent exclusion from the ...
Oh, well. It was worth a try. In early trading Friday, stock markets attempted to make a comeback and at least end a losing week on a winning note. But after turning briefly green in the morning hours, all the major stock indexes are in the red again -- with electric vehicle (EV) ...
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Shares of several U.S.-based electric vehicle (EV) companies are moving higher today and investors can probably thank Rivian Automotive (NASDAQ: RIVN) for that. Shares of Rivian jumped as much as 11.2% in early trading today, and that helped the stocks of other EV names, including ...
Spruce Point Management, an activist short selling fund founded by former investment banker Ben Axler in 2009, released a short report Tuesday calling for a 40-60% decline in Alpha Metallurgical Resources (AMR). Axler takes an "all of the above" approach to the short, citing his firm's "...
NIO reported mixed fourth quarter 2021 results on March 24, 2022, after the market closed, but its guidance for Q1 2022 disappointed. COVID lockdowns and heightened inflationary pressures have clouded the production and sales outlook for Q2 2022. The consensus revenue and EPS estimate...
You have probably heard that one of the biggest barriers to EV adoption is a shortage of charging infrastructure. To fix this, manufacturers such as Tesla are setting up their own charging networks and governments at local, state and federal levels are also coming up with their own ways to f...
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...
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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...