Key Points BYD doesn’t do business in the United States (at least not yet). Still, this Chinese company leads one of the planet’s bigger and fastest-growing markets. One of the world’s best-known long-term investors has taken on a sizable stake despite having access to thousands of other choices. Is your stock portfolio not quite as…
Shares of electric vehicle pioneer Tesla (NASDAQ:TSLA) jumped 3.7% in the morning session after Morgan Stanley upgraded its rating on the stock to ‘overweight’ from a previous dropped coverage and set a price target of $410. The upgrade was part of a wave of positive developments for the electric vehicle maker. CEO Elon Musk also…
Lucid Group(NASDAQ: LCID) dropped 8.24% to close at $2.56 on Tuesday, with the sharp decline attributed to renewed investor concerns over the electric vehicle (EV) maker’s recently filed 1-for-10 reverse stock split proposal. The decline appears sentiment-driven, reflecting lingering skepticism over Lucid’s capital structure and long-term path to profitability. Lucid’s decline stood out against broader…
Key Points Chevrolet has overtaken the No. 2 spot for EV sales in the U.S. Cadillac EVs are bringing in new customers, especially from Tesla. GM has slowly built trust with consumers while Tesla has done the opposite. Tesla(NASDAQ: TSLA) took over the U.S. electric vehicle (EV) market in impressive fashion. It went from an…
00:00 Speaker A Tesla set to roll out their robo taxis this weekend and our next guest today says a successful launch is essential for Tesla to validate the company’s long-term pivot toward autonomous mobility. For more let’s welcome in our Stephen Jengaro, Stifel Next Gen transport analyst. Stephen, it’s good to see you. So,…