EV

On Tuesday, Xpeng Inc (NYSE: XPEV) reported its first fiscal quarter results that showed it did a great job of narrowing its loss on the back of higher EV deliveries and improved margins. Upon the results, XPeng’s shares rose 13%. First Quarter Highlights For the quarter ended in March,...

Editor’s Note: The Tesla ticker has been corrected to TSLA. Trading expert and author Anne-Marie Baiynd joined Benzinga's YouTube on Tuesday to discuss current option trade ideas. Baiynd highlighted three separate potential Tesla Inc (NASDAQ:TSLA) option trades on the show that could help...

Tesla, Inc. (NASDAQ:TSLA) shares are trading higher on Tuesday. The EV behemoth, owned by billionaire Elon Musk, reportedly faces escalated tensions as Sweden’s most prominent union backs a six-month-old strike by mechanics, amplifying disputes with organized labor, Reuters...

It's been a quiet week in the markets, marked by a dearth of major economic news and a consistent flow of positive indicators from the first-quarter earnings season. As of May 7, 424 companies in the S&P 500 have disclosed their earnings, with 78% surpassing earnings expectations and 61%...

Stocks surged higher on Thursday, with the S&P 500 index aiming to snap a four-day losing streak as investors assess the latest wave of corporate earnings. During midday trading in New York, all major indices were in the green. Notably, small caps, as tracked by the iShares Russell 2000 ETF (...

March data showed that passenger-car sales in Europe fell 2.8%. On Thursday, the European Automobile Manufacturers’ Association (ACEA) revealed that registrations of new vehicles declined 5.2% to 1.38 million units in March, with BEV sales dropping 11.3%. This data reflects the stories told...

Key Takeaways: Niu Technologies said its unit sales at home and abroad rose more than 30% in the first quarter, following a tough 2023 when its revenue fell 16% The electric scooter maker’s shares jumped 34% from an all-time low in the week following the announcement By Edith Terry Niu...

With many concerns in the air about the EV revolution running out of steam as even the EV king, Tesla Inc (NASDAQ: TSLA) came short of estimates as it posted its first deliveries drop in four years, Volkswagen AG (OTC: VWAGY) and Bayerische Motoren Werke Aktiengesellschaft (OTC: BMWYY) provided...

At the recent BofA Securities 2024 Automotive Summit, General Motors Chief Financial Officer Paul Jacobson provided an insightful overview of the company's current position and future outlook, particularly in relation to its electric vehicle (EV) production and capital allocation strategies....

The meteoric rise of Nvidia Corp. (NASDAQ:NVDA) in the stock market is drawing parallels with the historic surge of Tesla Inc. (NASDAQ:TSLA), sparking concerns about the sustainability of the AI frenzy. What Happened: As Nvidia’s stock continues to soar, some investors are drawing parallels...

The EV king, Tesla Inc (NASDAQ: TSLA) entered the new year by missing analyst estimates along with a warning of slower growth this year. But Chinese EV makers Nio (NYSE: NIO), XPeng (NYSE: XPEV), and Li Auto (NASDAQ: LI) kicked off 2024 with rising YoY deliveries...

Exxon Mobil Corp (NYSE:XOM) and Chevron Corp (NYSE:CVX) stand as two behemoths in the energy sector, both holding significant influence over the global oil and gas industry. Both energy giants are about to report their fourth-quarter earnings on Feb. 2, before market hours. Wall Street is expecting...

On January 2nd, the first EV maker to bring the electric pickup to the road, Rivian Automotive Inc (NASDAQ: RIVN) reported its fourth quarter deliveries. But, 2023 ended with the EV king, Tesla Inc (NASDAQ: TSLA) bringing the most American-made electric pickup to the market, with 90% of ...

The CEO of Audi AG (OTC:AUDVF), Gernot Döllner, has announced a recalibration of the company’s electric vehicle (EV) launch strategy, citing a desire to avoid overburdening production facilities and dealerships. Bloomberg reported on Monday that the strategic change was confirmed by Döllner...

China’s leading electric vehicle (EV) manufacturer, Warren Buffett-backed BYD, has announced significant price cuts on several models in a year-end push, heating up its global competition with Tesla Inc. (NASDAQ:TSLA). What Happened: BYD’s price reductions include several Dynasty models...