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Tesla's Relief Rally, Volkswagen's Diess Springs In Surprise, Lucid Beefs Up Management Team, Faraday Future Stalls And More: Week's Biggest EV Stories
Saturday, July 23, 2022 - 9:13am | 858Read More...Electric vehicle stocks closed mostly higher in the week ending July 22, thanks to a strong earnings report from market leader Tesla, Inc. (NASDAQ: TSLA). Some stocks reacted to company-specific developments, while shares of Chinese EV makers, closed uniformly lower. Here are the key events...
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Here's Why Volkswagen CEO Thinks Tesla Is Weakening Itself Right Now
Wednesday, June 29, 2022 - 3:28pm | 601Read More...The battle for dominance in the electric vehicle market is heating up and Volkswagen AG (OTC: VWAGY) believes it can pass Tesla Inc (NASDAQ: TSLA) in the coming years. Volkswagen’s CEO shared one way he thinks Tesla could be weakening itself. What Happened: Volkswagen is anticipating a strong...
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Volkswagen Commends Tesla For Its EV Accomplishments: Here's What Elon Musk Said In Reply
Saturday, June 4, 2022 - 2:37pm | 354Read More...The rivalry in the electric-vehicle space is intensifying with each passing day. Given the vast potential the arena offers, the industry has seen the mushrooming of startups and legacy automakers making a big push. Tesla, Inc. (NASDAQ: TSLA) by virtue of being the first mover has built up a...
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EV Week In Review: Tesla's Giga Shanghai Up And Running, Apple Car Dealt Further Blow, Nio's Rumored US Plans And More
Saturday, May 28, 2022 - 10:52am | 875Read More...EV stocks mostly advanced in the week ending May 27, with the broader market strength supporting the turnaround. Tesla, Inc. (NASDAQ: TSLA) snapped its four-week losing streak and rallied, while Fisker, Inc. (NYSE: FSR), XPeng, Inc. (NYSE: XPEV) and Arrival (NASDAQ: ARVL) were among those that...
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'Tight Race But Won't Give Up:' Volkswagen CEO Praises Tesla Again, Says Elon Musk's Pace Surprised Him
Tuesday, May 10, 2022 - 5:50am | 480Read More...Volkswagen Group (OTC; VWAGY) CEO Herbert Diess has reportedly praised rival Tesla Inc (NASDAQ: TSLA) yet again, saying the Elon Musk-led company's speed of expansion took him by surprise. What Happened: The 63-year-old chief executive of the German...
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Auto Bromance: Elon Musk Says Volkswagen 'Lucky' To Have CEO Diess, Credits Him For EV Push
Friday, April 22, 2022 - 1:36am | 526Read More...Tesla Inc (NASDAQ: TSLA) CEO Elon Musk on Thursday praised Volkswagen Group (OTC: VWAGY) CEO Herbert Diess for his electrification push at the German auto giant. What Happened: The billionaire entrepreneur said the legacy automaker is “lucky...
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Tesla's Giga Berlin Is Just Over 120 Miles From Volkswagen's Plant — But CEO Diess Isn't Worried
Monday, April 18, 2022 - 8:00am | 381Read More...Volkswagen Group (OTC: VWAGY) CEO Herbert Diess is unfazed about Elon Musk-led Tesla Inc (NASDAQ: TSLA) having built a factory just about 200 kilometers (124 miles) from its home turf Germany. What Happened: Musk-led Tesla is ahead of Volkswagen, growing fast and taking more risks...
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Why Tesla Model Y Rival Volkswagen ID.4 Is The Only Used Electric Vehicle To Cost More Than New Ones In US
Sunday, March 27, 2022 - 9:40pm | 571Read More...Volkswagen Group’s (OTC: VWAGY) used ID.4 crossovers are currently the only electric vehicles in the U.S. that cost more than the new ones, data from app-based car insurance comparison firm Jerry showed. What Happened: Sticker prices of used ID.4 electric crossover, which competes with Tesla...
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Volkswagen CEO Herbert Diess Says China's Nio And Xpeng Are 'Very Serious Competitors'
Wednesday, March 16, 2022 - 3:56am | 454Read More...Volkswagen Group (OTC: VWAGY) considers China-based electric vehicle makers Nio Inc (NYSE: NIO) and Xpeng Inc (NYSE: XPEV) as "very serious competitors", the German automaker's CEO Herbert Diess said on Tuesday. What Happened:...
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These Automakers Have Vowed to Catch Up With Tesla And Wrest EV Leadership: Is That A Stretch Goal?
Saturday, March 12, 2022 - 2:17pm | 973Read More...Tesla, Inc. (NASDAQ: TSLA) by virtue of its first-mover advantage has maintained its pole position in the EV industry. The field, however, is getting crowded with the passing of each day, given government mandates, environmental concerns and the allure of the massive market opportunity. Tesla has...
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EV Week In Review: Tesla's Model 3 Cedes Top Spot, GM's Bolt Production Restart Delayed, Fisker Touts Strong Demand, Nio's ES7 SUV And More
Saturday, February 19, 2022 - 9:29am | 864Read More...EV stocks turned in a mixed performance yet again in the week ending Feb. 18, as the broader market volatility continued to impact the space. EV pioneer Tesla, Inc. (NASDAQ: TSLA) extended its slide, while Fisker, Inc. (NYSE: FSR) was in the spotlight amid its product pipeline update and...
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Volkswagen CEO Heaps Praises On China, Says Would Be 'Very Damaging' For Germany Or EU To Seek To Decouple From The Country
Tuesday, December 21, 2021 - 5:35am | 580Read More...Volkswagen Group (OTC: VWAGY) CEO Herbert Diess on Monday praised China for its speed and technology and called for more cooperation and presence in the region. What Happened: Diess shared a LinkedIn post to say there is a need for more cooperation between Europe and China and not less. “On...
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Volkswagen CEO Herbert Diess Keeps His Job, Company Ramps Up EV Investments As It Looks Ahead To 'Important Years Of Transformation'
Friday, December 10, 2021 - 7:43am | 600Read More...Germany’s Volkswagen Group (OTC: VWAGY) on Thursday revealed a series of measures that include CEO Herbert Diess keeping his job, overhauling the board, naming a new China leader and the company raising its five-year spending plan for electric mobility to take on Tesla Inc (NASDAQ: TSLA). The...
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Elon Musk Addresses Volkswagen Employees, Tesla Gets Herbert Diess Praise Over Handling Of Chip Shortage
Sunday, October 17, 2021 - 10:40pm | 502Read More...Volkswagen Ag (OTC: VWAGY) CEO Herbert Diess on Saturday praised Elon Musk-led rival automaker Tesla Inc’s (NASDAQ: TSLA) ability to quickly address semiconductor shortage as impressive. What Happened: In a LinkedIn post, Diess said transformation at the company level...
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Elon Musk 'Changing The World With His Ventures,' Says Tesla Rival Volkswagen's CEO
Monday, September 6, 2021 - 10:50pm | 620Read More...Volkswagen AG (OTC: VWAGY) CEO Herbert Diess in an interview with CNN Business on Monday said he doesn’t “see any parallels” between himself and Tesla Inc (NASDAQ: TSLA) CEO Elon Musk. What Happened: Diess said that he highly regards what Musk is doing. See Also: How To Buy...
