Fisker adjusts production target, reports another loss in Q1
In its quarterly financial report, Fisker announced it was cutting its yearly production goal of 42,400 units to a range of 32,000 to 36,000 units, the latest in a series...
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
Headlines
Iveco loosens ties with Nikola, acquires full ownership of joint venture
Iveco is set to loosen its ties with U.S. startup Nikola as it purchases the full ownership of their joint venture, which develops battery electric and fuel cell heavy-duty trucks.
Iveco...
Elon Musk, Texas Gov. Greg Abbott break ground on new Tesla lithium refinery
On May 8, Tesla CEO Elon Musk and Greg Abbott, the Governor of Texas, broke ground at the Corpus Christi location of the company's new lithium refinery.
The facility on the...
Lucid reveals mixed bag of first-quarter earnings, struggles to spur demand
Amidst growing concerns over brand recognition, electric vehicle manufacturer Lucid has published its quarterly financials, revealing a mixed bag of encouraging growth and ongoing weakness.
The EV brand saw first-quarter revenue...
Warren Buffet, Charlie Munger decline to pick winner in EV race
In remarks given during a weekend conference, CEO Warren Buffet and vice chairman Charlie Munger, both of investment firm Berkshire Hathaway, expressed uncertainty over the electric vehicle market and its...
Tesla switches gears with Full Self-Driving, will feature end-to-end AI in v12
For the FSD Beta v12, Tesla intends to enhance its self-driving system using end-to-end AI. Although the FSD Beta already has AI, it's only utilized to assist vehicles in detecting...
EV startups facing another tough quarter of high cash burn
Reuters reports that American EV startups are expected to disclose another quarter of falling cash reserves.
The report piles on the pressure for a group of companies battling to increase production...
Farley confirms Apple CarPlay, Android Auto will stay in Ford vehicles
CEO Jim Farley reaffirmed Ford's commitment to continue supporting third-party apps such as Apple CarPlay and Android Auto in its vehicles during a May 4 interview with the Wall Street...
Carvana beats expectations in Q1, narrows losses in bid for profitable future
Used car retailer Carvana has released its first-quarter earnings report and revealed a quarterly loss of $1.51 per share, resulting in an earnings surprise of 19.5% over Wall Street forecasts.
Additionally, Carvana...
Wholesale used car prices decline 5% year-over-year in April
Wholesale used car prices declined for the first time this year. According to April's latest Manheim Used Vehicle Value Index, prices decreased 3% from March and 4.4% from a year...
