EVs

Future Fund LLC's managing director, Gary Black, has shared his thoughts on Omead Afshar's high-profile exit from Tesla Inc. (NASDAQ:TSLA). Check out the current price of TSLA stock here. What Happened: "2Q sales are going to suck," the investor said in a post on social media platform X on Thursday...

Electric Vehicle maker Tesla, Inc.’s (NASDAQ:TSLA) chief Elon Musk has reportedly terminated the employment of his long-time confidant Omead Afshar. Bloomberg reports, citing sources familiar with the matter, that Afshar’s name no longer appears in Tesla’s internal directory, and...

BYD Co. Ltd. (OTC:BYDDY) (OTC:BYDDF) has said that the Chinese EV giant's production has remained stable, despite earlier reports that it had scaled back on manufacturing activities amid China's fierce EV price war. What Happened: Sources close to the company have reiterated that the production...

Future Fund LLC's managing director, Gary Black, thinks that investors should stop focusing on Tesla Inc.'s (NASDAQ:TSLA) Robotaxi's autonomous driving when compared to Alphabet Inc.'s (NASDAQ:GOOGL) (NASDAQ:GOOG) Waymo when it comes to valuation. What Happened: In response to a social media reply...

Investment firm Piper Sandler says that Tesla Inc.'s (NASDAQ:TSLA) Robotaxi launch could disrupt the auto industry. Check out the current price of TSLA stock here. What Happened: The firm reiterated its bullish views on Tesla stock, citing the company's work in self-driving software, Yahoo Finance...

On Wednesday, major U.S. indices ended the day mixed, with the Nasdaq rising 0.3% to 19,973.55. The S&P 500 closed unchanged at 6,092.16, while the Dow Jones Industrial Average declined 0.25% to 42,982.43. These are the top stocks that gained the attention of retail traders and investors...

Electric vehicle company BYD Co. (OTC:BYDDY)(OTC:BYDDF) has surpassed Tesla Inc (NASDAQ:TSLA) in Europe and the trend may continue with multiple new vehicle launches. What Happened: In recent months, BYD has overtaken Tesla in unit sales in Europe, a move that could be two-fold, from new vehicle...

BYD Co Ltd (OTC:BYDDY) (OTC BYDDF), the Chinese electric vehicle (EV) leader, has reportedly cut back on production at its Chinese facilities due to concerns over profitability, slowing sales, and rising inventory levels. What Happened: BYD has reduced shifts at some of its Chinese factories and...

Tesla Inc. (NASDAQ:TSLA) has experienced a fifth straight month of declining sales in Europe as EVs continue to gain footing in the region. Check out the current price of TSLA stock here. What Happened: The latest sales figures for the European region during May come in through data released by the...

U.S. stocks ended the day on a high note, with the Nasdaq gaining over 1.4% on Tuesday to 19,912.53. The Dow also traded up 1.2% to 43,089.02, while the S&P 500 rose by 1.1% to 6,092.18. These are the top stocks that gained the attention of retail traders and investors throughout the day:...

NIO Inc. (NYSE:NIO) shares are trading higher on Tuesday. The company’s sub-brand Firefly, which focuses on compact electric vehicles, announced an early rollout of its battery rental sales model. Originally planned for Aug. 1, the debut of its Battery-as-a-Service (BaaS) offering comes...

Tesla Inc. (NASDAQ:TSLA) faces a wrongful death lawsuit filed in a federal court in New Jersey's Camden over a 2024 crash involving a Tesla Model S that claimed three lives. What Happened: The lawsuit, filed by the estates of the three victims David and Michele Dryerman, both 54, and their daughter...

The National Highway Traffic Safety Administration, or NHTSA, said it was looking into possible violations of traffic laws involving Tesla Inc.'s (NASDAQ:TSLA) Robotaxis in Austin during Sunday's limited launch event. What Happened: The regulator said it was gathering additional information about...

Tesla Inc. (NASDAQ:TSLA) seeks to keep its responses to the National Highway Traffic Safety Administration or NHTSA's questions regarding the company's FSD technology private, the regulator said. What Happened: Tesla has invoked a federal law that "restricts NHTSA's ability to publicly release what...

Ark Invest CEO Cathie Wood predicts that electric vehicles will undercut gasoline-powered cars economically within three years, citing China’s explosive growth in electric vehicles as a roadmap for the U.S. market transformation. What Happened: Wood wrote on X that “China is pointing...