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As EV Adoption Stalls Due To 'Chicken And The Egg' Situation, Hybrids Race Ahead
Wednesday, May 29, 2024 - 9:28am | 712In recent months, consumer preferences and OEM investments have shifted from electric vehicles (EVs) towards hybrids as a bridge solution, according to JPMorgan analyst Bill Peterson. High costs, sparse charging infrastructure and politicized adoption have slowed EV momentum, while hybrids gain...
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'Share Price Will Take Care Of Itself,' Says Nikola CEO With 2024 Plan To Return Recalled BEVs, Hire New CFO
Thursday, December 28, 2023 - 4:38am | 579Nikola Corp (NASDAQ:NKLA) Steve Girsky is positive about the company’s prospects in 2024 after a year that was swamped with setbacks including multiple fire incidents with its battery-electric trucks, a subsequent recall, and several management reshuffles. What Happened: "I think our...
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Elon Musk's Tesla Reportedly Speeds Up India Plans: Executives To Meet Government Officials For Manufacturing Base
Friday, July 28, 2023 - 1:35am | 492This story was first published on the Benzinga India portal. Tesla Inc (NASDAQ: TSLA) is reportedly accelerating plans to set up a manufacturing base in India, with company officials set to meet agency heads and top government officials soon. What Happened? Senior executives from the...
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Nikola Rallies After Earnings: Can It Recover This Channel?
Thursday, February 24, 2022 - 5:14pm | 407Nikola Corp. (NASDAQ: NKLA) shares are trading higher Thursday after the company reported its fourth-quarter earnings. The stock reported earnings per share loss of $0.23, beating the analyst consensus estimate calling for a loss of $0.32 per share. Nikola was up 17.64% at $8.04 Thursday...