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GM, Ford must convince investors they can profit as prices fall

  • January 27, 2023 03:14 AM PST | Reuters
 GM, Ford must convince investors they can profit as prices fall

287 DETROIT (Reuters) - General Motors Co and Ford Motor Co are expected to report strong profits for 2022 next week, powered by premium-priced pickup trucks and sports utility vehicles (SUVs). Now, the

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US STOCKS SNAPSHOT-Wall St opens higher on soft landing hopes, Tesla boost

US STOCKS SNAPSHOT-Wall St opens higher on soft landing hopes, Tesla boost

  • January 26, 2023 06:33 AM PST | Reuters

Jan 26 (Reuters) - Wall Street's main indexes opened higher on Thursday after data showing a resilient labor market and better-than-expected economic growth last quarter helped ease worries of a deep

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J.D. Power, In U.S. Automotive Forecast, Says New-Vehicle Sales Increase As Transaction Prices And Expenditures Hit Record Levels In Year’S First Month

J.D. Power, In U.S. Automotive Forecast, Says New-Vehicle Sales Increase As Transaction Prices And Expenditures Hit Record Levels In Year’S First Month

  • January 26, 2023 06:25 AM PST | Reuters

Jan 26 (Reuters) - J.D. POWER: * J.D. POWER, IN U.S. AUTOMOTIVE FORECAST, SAYS NEW-VEHICLE SALES INCREASE AS TRANSACTION PRICES AND EXPENDITURES HIT RECORD LEVELS IN YEAR’S FIRST MONTH * J.D. POWER

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Cabot Corporation Plans To Invest In U.S. Conductive Carbon Additives Capacity For Electric Vehicle Lithium-Ion Battery Applications

Cabot Corporation Plans To Invest In U.S. Conductive Carbon Additives Capacity For Electric Vehicle Lithium-Ion Battery Applications

  • January 26, 2023 06:16 AM PST | Reuters

Jan 26 (Reuters) - Cabot Corp: * CABOT CORPORATION PLANS TO INVEST IN U.S. CONDUCTIVE CARBON ADDITIVES CAPACITY FOR ELECTRIC VEHICLE LITHIUM-ION BATTERY APPLICATIONS * CABOT CORP - PLANS TO INVEST

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Lordstown Motors- Uncertainty With Respect To Co's Capitalization Resulting From Court Of Chancery's Decision Could Have A Material Adverse Effect On Co

Lordstown Motors- Uncertainty With Respect To Co's Capitalization Resulting From Court Of Chancery's Decision Could Have A Material Adverse Effect On Co

  • January 26, 2023 04:59 AM PST | Reuters

Jan 26 (Reuters) - Lordstown Motors Corp: * LORDSTOWN MOTORS- UNCERTAINTY WITH RESPECT TO CO'S CAPITALIZATION RESULTING FROM COURT OF CHANCERY'S DECISION COULD HAVE A MATERIAL ADVERSE EFFECT ON CO *

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Xos Promotes Jessica Savage To Vice President Of Service, Distribution

Xos Promotes Jessica Savage To Vice President Of Service, Distribution

  • January 26, 2023 04:13 AM PST | Reuters

Jan 26 (Reuters) - Xos Inc: * XOS PROMOTES JESSICA SAVAGE TO VICE PRESIDENT OF SERVICE AND DISTRIBUTION Source text for Eikon: Further company coverage:

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U.S. RESEARCH ROUNDUP-Abbott Laboratories, Navient Corp, Tesla

U.S. RESEARCH ROUNDUP-Abbott Laboratories, Navient Corp, Tesla

  • January 25, 2023 11:42 PM PST | Reuters

Jan 26 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Abbott Laboratories, Navient Corp and Tesla on Thursday.

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Tesla CEO says price cuts triggered big demand, 2023 sales could hit 2 million vehicles

Tesla CEO says price cuts triggered big demand, 2023 sales could hit 2 million vehicles

  • January 25, 2023 03:40 PM PST | Reuters

By Hyunjoo Jin and Akash Sriram (Reuters) - Tesla Inc's aggressive price cuts have created a wave of demand for its electric vehicles, Chief Executive Elon Musk said on Wednesday, addressing concerns

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UPDATE 7-Tesla CEO says price cuts triggered big demand, 2023 sales could hit 2 mln vehicles

UPDATE 7-Tesla CEO says price cuts triggered big demand, 2023 sales could hit 2 mln vehicles

  • January 25, 2023 03:39 PM PST | Reuters

(Adds comments on profit margins, rise in after-hours stock price) By Hyunjoo Jin and Akash Sriram Jan 25 (Reuters) - Tesla Inc's aggressive price cuts have created a wave of demand for its electric

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Tesla Reports Qtrly Automotive Gross Margin 25.9%

Tesla Reports Qtrly Automotive Gross Margin 25.9%

  • January 25, 2023 03:31 PM PST | Reuters

Jan 25 (Reuters) - Tesla Inc: * TESLA INC - QTRLY AUTOMOTIVE GROSS MARGIN 25.9% VERSUS 30.6% * TESLA INC - FOR 2023, WE EXPECT TO REMAIN AHEAD OF THE LONG-TERM 50% CAGR WITH AROUND 1.8 MILLION CARS

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CORRECTED-Nikola makes new unit for hydrogen ops to sharpen focus on core EV business

CORRECTED-Nikola makes new unit for hydrogen ops to sharpen focus on core EV business

  • January 25, 2023 03:22 PM PST | Reuters

(Correct last paragraph to say Nikola is reporting fourth-quarter results on Feb. 23, and not Feb. 24) Jan 25 (Reuters) - Electric-truck maker Nikola Corp said on Wednesday it had created a new unit

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