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Gary Black Calls Out Tesla Bears For 'Slapping' Auto Industry Valuation Technique On Elon Musk's EV Business: 'Stark Differences In Growth Prospects'
Wednesday, June 18, 2025 - 8:21am | 1359Prominent Tesla Inc. (NASDAQ:TSLA) analyst Gary Black has aimed at “Tesla bears,” particularly long-term bear Drew Dickson, for what he calls a fundamental misapplication of traditional automotive price-to-earnings (P/E) ratios to Elon Musk‘s burgeoning electric vehicle business....
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BMW UK Stops Posting On X, Will Use It Only For Customer Support: To Continue Posting On Instagram, Facebook
Thursday, January 23, 2025 - 3:16am | 460BMW UK will no longer post on Elon Musk‘s social media platform X, but instead will use it merely for customer support, the company said in a post on Wednesday. What Happened: The company will, however, continue to post on Meta Platforms’ Facebook and Instagram it said, without...
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BMW Takes Down Appreciation For Tesla FSD, Dashing Hopes Of A Licensing Deal With The EV Giant: Elon Musk Says 'Too Bad'
Thursday, December 12, 2024 - 12:00am | 525German automaker BMW (OTC:BMWYY) on Wednesday took down its appreciation for Tesla Inc.’s (NASDAQ:TSLA) full self-driving (FSD) driver assistance system without an explanation, merely hours after sharing it on social media platform X. What Happened: BMW on Tuesday applauded the performance of...
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BMW Calls Tesla FSD 'Very Impressive,' Gary Black Says Automakers Will Eventually License It: 'One Deal Will Cause Others To Follow'
Wednesday, December 11, 2024 - 3:51am | 766German automaker BMW (OTC:BMWYY) on Tuesday applauded American EV giant Tesla Inc.’s (NASDAQ:TSLA) full self-driving (FSD) driver assistance software’s latest version, terming it “very impressive.” What Happened: BMW was responding to a video of a Tesla owner navigating...
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BMW Recalls Over 140K Mini Cooper SE Electric Vehicles Globally Due To Battery Overheating Risks
Tuesday, September 3, 2024 - 6:11am | 511BMW (OTC:BMWYY) recalling its Mini Cooper SE electric vehicles due to battery overheating problems, potentially impacting over 140,000 cars globally. What Happened: According to the company, around 39,000 vehicles in Germany could be affected. The automaker emphasized that there have been no...
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Fund Manager Says He 'Would Avoid' Tesla, But Recommends These 'Phenomenal' Auto Stocks: 'Race To Develop EVs Is Going To Be Profitless...'
Monday, March 4, 2024 - 10:04pm | 744The electric vehicle (EV) market has been a hotbed of investor activity, with Tesla Inc (NASDAQ:TSLA) being a prime focus. However, a prominent fund manager has advised against investing in EV stocks and suggested alternative options. What Happened: Freddie Lait, the Chief Investment Officer at...
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Wheeling In Wealth: Ultra-Luxury Car Makers Ferrari, Lamborghini, Rolls-Royce Ride High On Soaring Demand For Personalized Rides (CORRECTED)
Thursday, February 8, 2024 - 1:04am | 777Editor’s note: A previous version of this story mistakenly stated that RYCEY was the stock ticker for Rolls-Royce Motor Cars Ltd. However, it is actually the stock ticker for Rolls-Royce Holdings plc, a separate entity from Rolls-Royce Motor Cars Ltd, which is a wholly-owned subsidiary of BMW...
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Many Tesla, Nissan, GM And Other EV Models Hit By Tax Credit Cut: These EVs Are Still Eligible For $7.5K Benefit
Monday, January 1, 2024 - 11:50pm | 805In a significant blow to several electric vehicle (EV) manufacturers, various models have lost their eligibility for up to $7,500 in U.S. tax credits. The updated battery sourcing norms have impacted car models from Tesla Inc (NASDAQ:TSLA), Nissan Motor Co Ltd (OTC:NSANY), and General Motors Co (...
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Mercedes-Benz Collaborates With BMW To Power High-Speed Charging Network In China
Thursday, November 30, 2023 - 4:00am | 510Mercedes-Benz Group China Ltd. (OTC:MBGAF) and BMW Brilliance Automotive Ltd. (OTC:BMWYY) have publicized their intentions to set up a 50:50 joint venture in China. The primary objective of this collaboration is to manage a high-speed charging network and deliver superior charging services to their...
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Apple Releases New iOS 17 Update To Fix iPhone 15 Wireless Charging Glitch In BMW Cars
Wednesday, November 8, 2023 - 4:42am | 468Apple Inc. (NASDAQ:AAPL) has rolled out a new update, iOS 17.1.1, addressing critical bugs, including a wireless charging issue impacting iPhone 15 users with certain car models. The recent iOS update from Apple comes with crucial fixes for the iPhone 15 series, The Verge reported. Notably, users...
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BMW To Adopt Tesla's EV Charging Standard For Future Vehicles
Tuesday, October 17, 2023 - 11:56pm | 547German automaker BMW (OTC:BMWYY), along with its subsidiaries Mini and Rolls-Royce (OTC:RYCEY), has announced plans to incorporate Tesla Inc.’s (NASDAQ:TSLA) electric vehicle charging standard in its future EVs. As reported by The Verge, BMW stated that...
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BMW M3 Goes Electric: Iconic Sports Sedan To Debut As Quad-Motor EV Powerhouse By 2027
Thursday, September 14, 2023 - 5:10am | 466BMW’s iconic M3 sports sedan is set to electrify the automobile market, with the brand’s product development chief confirming its transformation into a quad-motor electric vehicle (EV), Electrek reported. Frank Weber, the product development chief at BMW, disclosed this news...
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BMW Teams Up With Amazon For Autonomous Driving Tech In Upcoming EVs
Wednesday, September 6, 2023 - 6:15am | 514German auto giant BMW (OTC:BMWYY) will leverage Amazon‘s (NASDAQ:AMZN) cloud computing technology for the development of semi-autonomous driving features in its forthcoming electric vehicles (EVs), CNBC reported. This collaboration was announced on Tuesday. BMW aims to enhance the technology...
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Tesla, Meet Your EV Rivals: Mercedes-Benz Concept CLA Class And BMW Neue Klasse
Monday, September 4, 2023 - 3:46pm | 505At Munich’s IAA auto show, Mercedes Benz Group AG (OTCPK: MBGYY) unveiled the Mercedes-Benz Concept CLA Class, while Bayerische Motoren Werke AG (OTCPK: BMWYY) revealed the BMW Vision Neue Klasse, according to CNBC. These cutting-edge (EV) electric vehicles represent a bold move by the German...
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Tesla Investor Ross Gerber 'Fell In Love' With BMW's Electric I7 And Thinks It Might 'Kill Off' Lucid
Monday, August 14, 2023 - 2:36am | 596Tesla investor Ross Gerber expressed his admiration for BMW’s (OTC:BMWYY) latest electric vehicle, the i7, suggesting it could pose a significant challenge to Lucid Motors (NASDAQ:LCID). What Happened: Gerber tweeted about his newfound fondness for the BMW i7. Describing it as “...