Automobile Stocks

TSLA to LCID: 5 EV stocks to explore in Q3 after Fed’s rate hike

 TSLA to LCID: 5 EV stocks to explore in Q3 after Fed’s rate hike

Highlights: Tesla, Inc.’s (NASDAQ: TSLA) revenue rose 81% YoY in Q1, FY22. Nio Inc. (NYSE: NIO) revenue increased by 24% YoY in the first quarter of fiscal 2022. XPeng Inc. (NYSE: XPEV) revenue jumped 152% YoY in Q1, FY22. Electric ...

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Ford Motor (F) to pay US$19.2 million in settlement over false advertising claims

Ford Motor (F) to pay US$19.2 million in settlement over false advertising claims

Ford Motor Co (NYSE: F) will have to cough up US$19.2 million to resolve allegations it falsely advertised real-world fuel economy and payload capacity for some hybrids and pickup trucks. The premier motor company has been accused of falsely propa...

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5 EV stocks to explore in Q2: TSLA, LCID, NIO, XPEV & FSR

5 EV stocks to explore in Q2: TSLA, LCID, NIO, XPEV & FSR

Highlights: Tesla, Inc.’s (NASDAQ: TSLA) revenue rose 81% YoY in Q1, FY22. Nio Inc.’s (NYSE: NIO) revenue surged over 49% YoY in Q4, FY21. XPeng Inc. (NYSE: XPEV) will release its first-quarter fiscal 2022 financial results on May ...

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Ford Motor Co (F) sells its Rivian (RIVN) shares worth US$214 mn

Ford Motor Co (F) sells its Rivian (RIVN) shares worth US$214 mn

Highlights US car giant Ford Motor Company (Nasdaq: F) sold shares of EV maker Rivian worth US$214 million. Ford is still the fourth-largest shareholder in Rivian, with 94 million shares. Rowe Price Associates Inc. is the largest shareholder i...

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Lucid Group Inc (LCID) bags 10-year Saudi contract for EVs

Lucid Group Inc (LCID) bags 10-year Saudi contract for EVs

Highlights Lucid Group Inc (Nasdaq: LCID) has bagged a 10-year contract from Saudi Arabia for electric cars. The company will set up a production plant in the country for vehicle deliveries. Lucid to set up a full production plant in Saudi Ara...

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Elon Musk’s Twitter deal sets off worst fall in Tesla (TSLA) stocks

Elon Musk’s Twitter deal sets off worst fall in Tesla (TSLA) stocks

Highlights: Tesla shares witnessed a sharp fall on Tuesday after Musk’s Twitter deal. TSLA shares fell 12% to US$876.42, its highest in more than a year. Twitter shares also tanked by 3.9% on Tuesday. Tesla Inc. (TSLA) shares slid 1...

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TSLA to RIVN: 5 EV stocks to explore as world renews Earth Day pledge

TSLA to RIVN: 5 EV stocks to explore as world renews Earth Day pledge

Highlights: Tesla, Inc. (NASDAQ: TSLA) revenue surged 65% YoY in Q4, FY21. Ford Motor Company's (NYSE: F) revenue surged 7% YoY in fiscal 2021. Lucid Group, Inc. (NASDAQ: LCID) revenue was US$27.11 million in fiscal 2021. The electric veh...

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Tesla, Inc (TSLA) shares soar in premarket after record Q1 revenue

Tesla, Inc (TSLA) shares soar in premarket after record Q1 revenue

Highlights: Tesla Inc. shares rise after positive Q1 earnings on Wednesday. Tesla’s first-quarter earnings surged to US$3.22 a share. Tesla has ramped up the sales of its Model Y over the past two months. Shares of Tesla Inc (TSLA) ...

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When is Vietnam's EV maker VinFast launching its US IPO?

When is Vietnam's EV maker VinFast launching its US IPO?

Vietnamese electric vehicle maker VinFast on Thursday confidentially filed for an initial public offering (IPO) in the US. The company is building a factory in North Carolina, US. Its Singapore-based holding company plans to spend US$4 billio...

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RIVN & LCID: How are these EV stocks performing amid market dip?

RIVN & LCID: How are these EV stocks performing amid market dip?

Highlights Rivian Automotive, Inc. (RIVN) has warned investors that it might trim its production by half this year due to supply chain disruptions. Lucid Group, Inc. (LCID) said it is cutting production by as much as 40% due to supply issues an...

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Top EV stocks: TSLA, RIVN and 3 others worth exploring in March

Top EV stocks: TSLA, RIVN and 3 others worth exploring in March

Highlights Tesla, Inc. (NASDAQ: TSLA) gave a return of over 35% in the past 12 months. Ford Motor Company's (NYSE: F) stock gained more than 47% in a year. Chinese EV-maker NIO Inc. (NYSE: NIO) delivered 6,131 vehicles in February. The EV...

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