Tesla dominance put to the test: How EV upstarts Lucid, Rivian and Fisker stack up In Q2 Results
"Tesla is the next Tesla," Sawyer Merritt, a Tesla influencer tweeted following the results. This apparently is a dig at some people according the moniker "the next Tesla," to the startups.
Weeks' Biggest EV Stories: Tesla Loses High-Profile Executive, Canoo Runs On Twin Contracts, Fisker Poaches BMW Executive And More
Electric vehicle stocks meandered to a mixed close in the week ending July 15 following a uniformly strong close in the previous week. Inflation worries roiled the broader market in the past week as t
Foxconn to invest $1.5B in Tsinghua Unigroup, Nikkei reports
Foxconn is planning to invest Y9.8B, or $1.46B, in Chinese chipmaker Tsinghua Unigroup as the company accelerates its push into semiconductors, Nikkei's Yu Nakamura reports, citing sources.
Hon Hai Precision June revenues up 5.7% M/M to NT$526.2B, FY22 outlook improved
Hon Hai Precision (OTCPK:HNHAF) reports June revenue of NT$526.2B, up 5.7% M/M and 31% Y/Y. Cloud and Networking Products, Computing Products, as well as Components and Other Products delivered double
A Peek Into The Markets: US Stock Futures Higher; All Eyes On Fed Rate Decision
Pre-open movers U.S. stock futures traded higher in early pre-market trade after the Dow Jones dropped around 150 points in the previous session. The Federal Reserve is set to announce its policy deci
Apple Supplier Foxconn Breaks Ground On First EV Battery Plant
One of Apple Inc's (NASDAQ: AAPL) oldest and largest suppliers, Foxconn, has forayed into the electric vehicle segment. What Happened: The key iPhone assembler, whose official name is Hon Hai Precisio
Tesla finally confirms stock split amid plunge, Nio unveils plans for 2024, Fisker's orders overflow: Week's top news from EV industry
Electric vehicle stocks came under selling pressure once again in the week ending June 10 as macroeconomic fears engulfed the market. The weakness was concentrated in the final two trading days of the week, as Friday's inflation data rattled investors.
After Microsoft And Nvidia, This Major Apple Supplier Became Ransomware Target
Key Apple Inc (NASDAQ:AAPL) supplier Hai Precision Industry Co Ltd (OTC:HNHPF), operating as Foxconn, was hit by a ransomware attack on May 31, the Bleeping Computer reports.The attack disrupted opera
EV week in review: Tesla's ESG index expulsion, 'Elongate' scandal, Nio's Singapore listing
EV stocks bucked the broader market downturn and ended mostly higher, although market leader $Tesla(TSLA.US)$ was down for a fourth straight week.
Troubled EV Maker Lordstown Motors' Survival Hopes Rests On Fresh Funds, Valuation
Lordstown Motors Corp (NASDAQ:RIDE) CFO acknowledged that it would be difficult to sustain the business for at least another year after it sold its factory to raise cash, the Wall Street Journal repor