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Rivian Faces Technical Headwinds As Death Cross Looms In Stock Chart
Friday, February 2, 2024 - 11:34am | 547Investors in electric vehicle Rivian Automotive Inc (NASDAQ:RIVN) are closely observing a notable technical development that has emerged on the stock charts: the foreboding Death Cross. This bearish signal, marked by the 50-day moving average (yellow line above) slipping below the 200-day moving...
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Li Auto Leads NIO And XPeng In January 2024 EV Deliveries
Thursday, February 1, 2024 - 2:01pm | 707In the rapidly evolving landscape of electric vehicles (EVs), three prominent Chinese automakers — NIO Inc (NYSE:NIO), XPeng Inc (NYSE:XPEV), and Li Auto Inc (NASDAQ:LI) — have recently disclosed their January 2024 delivery figures. These statistics reflect their market performance and provide...
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Hyundai Workers In Alabama Join UAW Amid Unionization Drive
Thursday, February 1, 2024 - 12:11pm | 726Workers at the sole Hyundai Motor Co. (OTC:HYMTF) plant in the U.S., located in Alabama, have unionized with the United Auto Workers (UAW). What Happened: The UAW has successfully recruited 30% of the workforce at the Alabama Hyundai plant, reported The Hill on Thursday. This marks the third public...
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General Motors Stock Forms Golden Cross With Q4 Earnings Beat; Driven By Profits, Cost Efficiency, 6 EV Debuts
Wednesday, January 31, 2024 - 11:56am | 675General Motors Co (NYSE:GM) stock beat on EPS and revenue as it reported its fourth-quarter earnings on Jan. 30. Golden Cross On Chart Post Q4 Earnings Lifted by positive sentiments around the company, the stock just made a Golden Cross on the technical price charts. On Jan. 30, the 50-...
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Tesla CEO Elon Musk's Compensation In Limbo After Judge Voids $55-Billion Plan: 'Never Incorporate Your Company In Delaware' (UPDATED)
Tuesday, January 30, 2024 - 7:01pm | 729Editor’s note: This story has been updated with a quote from Elon Musk and further information from the judge’s opinion, and the headline has been updated. A shareholder challenge to a $55-billion pay package for Tesla Inc (NASDAQ:TSLA) CEO Elon Musk succeeded Tuesday. Judge Rules On...
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How Much Is A Cybertruck Worth To Used Car Buyer CarMax? YouTuber Shares Surprising Results
Tuesday, January 30, 2024 - 2:31pm | 658The YouTube channel "What's Inside? Family" — which has over two million subscribers — recently tested how much a Tesla (NASDAQ:TSLA) Cybertruck could fetch from used car purchaser and retailer CarMax Inc (NYSE:KMX). In the video, which currently boasts over 130,000 views, host Lincoln Markham said...
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GM Reignites Street Confidence In 'Key Quarter' For Automaker
Tuesday, January 30, 2024 - 2:17pm | 453Following General Motors Co.’s (NYSE:GM) better-than-expected fourth-quarter financial results, Wedbush analyst Dan Ives kept an Overweight rating on the stock, noting that he anticipated renewed Street confidence moving forward. What To Know: GM reported fourth-quarter revenue of $43 billion...
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General Motors Q4 Earnings Preview: Analyst Estimates, UAW Strike Impact, Electric Vehicles In Focus
Monday, January 29, 2024 - 5:11pm | 699Automotive company General Motors Company (NYSE:GM) will report fourth-quarter financial results before the market opens on Jan. 30. Here's a look at the earnings estimates from analysts, what analysts are saying, and key items for investors to watch. Earnings Estimates: GM’s fourth-quarter...
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Vehicle, Electric Vehicle: Could Lucid Motors Power James Bond's Next On-Screen Car?
Monday, January 29, 2024 - 3:55pm | 884Distribution rights to one of the most well-known spy movie franchises now belong to Amazon.com Inc (NASDAQ:AMZN) after the e-commerce giant acquired media company MGM. The next James Bond installment could provide a boost to Amazon's media efforts and also help an electric vehicle company. What...
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New Tesla Model 3 Performance Could Be Coming To China Soon
Monday, January 29, 2024 - 11:40am | 438Tesla Inc (NASDAQ: TSLA) is gearing up to launch the upgraded Model 3 Performance in China, with sales anticipated to start in the second quarter of 2024. This new variant of the popular electric sedan is expected to roll off production lines at the Gigafactory in Shanghai, followed...
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How To Earn $500 A Month From General Motors Stock Ahead Of Q4 Earnings Report
Monday, January 29, 2024 - 9:37am | 502General Motors Company (NYSE: GM) is expected to release earnings results for its fourth quarter, before the opening bell on Jan. 30, 2024. Analysts expect the company to report quarterly earnings at $1.16 per share, down from $2.12 per share in the year-ago period. The company is projected to post...
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Tesla Stock Rescue Plan: Analyst Lays Out 10 Items For Musk To Consider Including AI, Buyback, Acquisitions
Friday, January 26, 2024 - 2:15pm | 655Electric vehicle leader Tesla Inc (NASDAQ:TSLA) saw shares fall Thursday after announcing fourth-quarter financial results Wednesday and issuing vague guidance on what's ahead for 2024 and beyond. With Tesla stock down 30.75% in the last six months, a top analyst has presented a strategy aimed at...
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Elon Musk's Tesla Confronts 'Black Cloud': Q4 Earnings Must Draw 'Line In The Sand Around Margins,' Analyst Says
Tuesday, January 23, 2024 - 1:06pm | 604With Tesla Inc (NASDAQ:TSLA) set to report its fourth-quarter earnings on Wednesday, the key item for many will be guidance on its margin and demand outlook over the next year given the balance the company had to strike in 2023 with price cuts. Analysts at Wedbush said that price cuts in 2023 were...
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Tesla Q4 Earnings Preview: Earnings Estimates, What Analysts Are Saying, Cybertruck Remains Key Focus For Shareholders
Monday, January 22, 2024 - 3:50pm | 1091Electric vehicle leader Tesla Inc (NASDAQ:TSLA) is set to report fourth-quarter financial results after market close Wednesday, Jan. 24. The report comes after the company missed estimates in the third quarter and saw fourth-quarter deliveries beat analyst estimates. Here's a look at the earnings...
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VinFast Misses 2023 Delivery Goals, But Stock Surges After Unveiling New EVs At CES 2024: Potential Short Squeeze Ahead?
Thursday, January 18, 2024 - 9:37am | 580VinFast Auto Ltd (NASDAQ:VFS) stock was seen trading higher in the pre-market on Thursday, boosted by recent electric vehicle launches and the company’s initiatives to diversify its revenue stream. Missed Delivery Target The Vietnamese electric vehicle (EV) manufacturer, fell short of its...