SINGAPORE: China’s government is restricting the use of Tesla Inc.’s TSLA -6.93% vehicles by state military company personnel in sensitive industries and key agencies, citing concerns that cars from the US electric …Read More »
Watch Tesla, Nikola, and These Other Stocks As Turnaround Comes for a $ 1.5 Trillion Truck Market, Says UBS
A massive disruption is hurtling down the road into a $ 1.5 trillion global truck market as legacy manufacturers and new entrants battle for pole position in a race for zero-emission truck …Read More »
Lordstown Motors Charged With Shareholder Lawsuit Fraud
CLEVELAND – A shareholder lawsuit was filed on Thursday against a new electric truck company claiming it has defrauded investors by making false claims about the number of trucks pre-ordered and the …Read More »
This ‘EV’ stock has gained 70% in one month. It is not Tesla.
Text size Volkswagen now aims for around 50% of total sales by 2030 to come from fully electric vehicles. Jens Schlueter / Getty Images The radical change in what investors think Volkswagen …Read More »
Gasoline Demand Has Peaked, Says Global Forecaster
The global thirst for gasoline is unlikely to return to pre-pandemic levels, the International Energy Agency predicted, calling for a spike for the fuel that has driven personal transportation for more than …Read More »
Volkswagen comes after Tesla. What does it mean for both actions.
Text size The charging point of a Volkswagen electric car. Liesa Johannssen-Koppitz / Bloomberg Volkswagen wants to be the world leader in electric vehicles. Not satisfied playing Pepsi with Tesla Coca Cola. …Read More »
Tesla faces a race with Volkswagen as the German car giant targets battery costs and new gigafactories
The race to dominate the electric vehicle industry may get tighter as Volkswagen, the German car giant and Tesla’s looming rival, unveiled plans Monday to lower the cost of batteries and operate …Read More »
Billions were invested in electric vehicle companies, but much more will be needed before the auto industry changes.
Wall Street and Silicon Valley invested billions of dollars in electric vehicles and related companies in 2020, betting on their future dominance and, in many cases, driving valuations that have little bearing …Read More »
Elon Musk is the new ‘Tesla Technoking’ and the CFO is nicknamed ‘Master of Coin’
Tesla Inc. said Chief Executive Elon Musk changed his title at the company to “Technoking of Tesla,” extending an irreverent streak in the leadership of the 49-year-old electric vehicle maker. The company …Read More »
Electric Vehicle Startups Promise Record Revenue Growth
It took Google eight years to reach $ 10 billion in sales, the fastest for an American startup. In the current SPAC frenzy, a number of electric vehicle companies planning to go …Read More »