Tag: Electric Vehicle

Tesla is developing a new smaller, cheaper EV, sources say

Tesla (TSLA) is developing an all-new smaller, cheaper electric SUV, four people familiar with the matter told Reuters.

EV demand is getting a boost from the Iran war — just as auto giants pivot back to combustion engines

The sprawling Middle East crisis is expected to spur drivers to abandon traditional internal combustion engine vehicles in favor of EVs, analysts told CNBC, although early evidence suggests this will be a gradual gearshift.

Tesla’s China-made EV sales rise for second straight quarter

Tesla’s China-made electric vehicle sales rose for a second consecutive quarter, holding up despite ​intensifying competition as the U.S. automaker broadened its ‌focus beyond EVs.

Musk’s Terafab Brings Tesla, SpaceX Convergence That Much Closer

On Saturday night, Tesla (TSLA) and SpaceX CEO Musk outlined a bold vision for vertically integrating chip production into his plans to create an artificial intelligence empire.

Exclusive: Tesla in talks with Chinese firms to buy $2.9 billion worth of solar equipment, sources say

Tesla (TSLA) is looking to buy equipment worth $2.9 billion for manufacturing solar panels and cells from Chinese suppliers including Suzhou Maxwell Technologies (300751) two people familiar with the matter said, ​as CEO Elon Musk aims to add 100 gigawatts of solar capacity in the United States.

Xiaomi to invest at least $8.7 billion in AI over next three years, CEO says

Chinese smartphone and electric vehicle giant Xiaomi (1810) will invest at least 60 billion yuan ($8.70 billion) ​in artificial intelligence over the next three years, CEO Lei Jun said ‌on Thursday.

Uber to invest up to $1.25 billion in EV maker Rivian in deal to launch 50,000 robotaxis

Uber Technologies plans to invest up to $1.25 billion in electric vehicle maker Rivian Automotive as part of a deal to deploy up to 50,000 robotaxis in several countries through 2031, the companies announced Thursday.

Plant in U.S. It Can Boost the Slumping Stock.

Tesla (TSLA) has signed a supply agreement to build a $4.3 billion battery cell manufacturing plant, according to the U.S. government.

Oklo Unveils First NRC License Ahead of Earnings. What It Means for the Nuclear Stock.

Oklo’s (OKLO) path to profitability has faced scrutiny as investors await updates on the regulatory front. On Tuesday, they got one.

Samsung shares rise after Nvidia’s Huang flags tie-up on new AI chips

Shares of Samsung Electronics (5930) rose as much ​as 5% on Tuesday after Nvidia (NVDA) CEO Jensen Huang said ‌the South Korean company was producing Nvidia’s new artificial intelligence chips.

Tesla and Google Team Up to Lower Electricity Bills

Robo-taxi competitors Alphabet (GOOGL) and Tesla (TSLA) have teamed up to help lower electricity costs.

Tesla Stock Shrugs as Musk Launches Cheaper Cybertruck. There’s a Concern.

Tesla (TSLA) stock was flat after the company introduced a new version of its avant-garde Cybertruck.

Rivian Stock Jumps 20% on Upgrades, Earnings Beat

It isn’t easy to be an electric-vehicle maker these days, with U.S. policy shifting back toward combustion-engine cars. Rivian Automotive
(RIVN), however, ended 2025 on a high note and expects to grow in 2026.

Tesla tops estimates for quarter, but wraps up first annual revenue drop on record

Tesla reported better-than-expected fourth-quarter results after the bell on Wednesday, but revenue for the year dropped 3%, the first time on record the company has recorded an annual decline. The stock rose 2% in extended trading.

General Motors’ core profit rises on higher demand for SUVs, pickup trucks

General Motors (GM) raised its profit outlook for ‌2026 as it reported higher fourth-quarter core profit on Tuesday on robust sales of its large pickup trucks and SUVs, sending shares of the Detroit automaker up 4% in premarket trading.

GM to record $7.1 billion in fourth-quarter charges due to EV pullback, China restructuring

General Motors said Thursday it will record $7.1 billion in special charges for the fourth quarter of last year related to its pullback in electric vehicles and restructuring efforts in China.

Tesla quarterly deliveries seen falling as lack of tax credits, competition sap demand

Tesla (TSLA) deliveries were expected to fall in the fourth quarter, as the loss of U.S. tax credits and rising global competition sapped demand even as the company rolled out cheaper versions of its best-selling electric vehicles.

Tesla Stock Pops as Musk Talks Up Its AI Chips Business. Why It’s a Big Deal.

Tesla bulls see the company as a kind of tech conglomerate, making self-driving cars and energy storage systems, operating a large network of fast chargers in the U.S., and a small network of robo-taxis.

Tesla reports revenue growth after two down quarters. Why the stock is falling

Tesla reported a 12% increase in third quarter revenue on Wednesday following two straight periods of declines. However, earnings missed analyst estimates, pushing the stock down almost 5% in extended trading.

General Motors lifts forecast as tariff outlook improves, shares surge 10%

General Motors (GM.N), lifted its financial outlook for the year and slightly lowered its expected hit from tariffs, as the automaker awaits expected relief on tariffs in the U.S. while confronting a weakening market for electric vehicles.