One ETF to Watch as Tesla Makes Record Deliveries
Electric car maker Tesla delivered a record number of vehicles recently, despite staring down a semiconductor shortage that’s racked the automotive industry. “On Saturday, Elon Musk’s electric carmaker said it delivered 241,300 cars worldwide in the…
Premarket stocks: Electric vehicle hype is still driving car stocks
But that’s not fazing Wall Street, which remains laser-focused on investment in electric vehicles that could power future growth. What’s happening: General Motors (GM), Chrysler-owner Stellantis and Honda (HMC) all recently said that sales…
This Company Uses Recycled Tesla Motors To Bring Old Cars Back To Life
British company is converting classic cars to EVs by using electric motors and batteries from crashed Teslas and other electric vehicles. With the world slowly shifting towards eco-friendly fuels, a startup in London is converting vintage and classic…
Volvo announces plans to go public in bid to accelerate shift to electric cars
Volvo, the Swedish luxury car maker owned by China’s Geely, announced its plan for an initial public offering as it seeks to raise more cash to accelerate its transition to a fully electric car company. The announcement follows the news last week that…
Tesla can still be overtaken in the electric car race
First, price. Tesla is still making a premium product. The cheapest on the market, the Model S, costs close to £40,000. It is edging into the mass market, but it started as a luxury product, and that will be hard to change now. Lots of people just want…
Hummer EV and MX-30 EV driven, Outlander PHEV handling, vintage Porsche with Model S motor: Today’s Car News
Today we have a review of Mazda’s first electric vehicle for the U.S.—not yet with the rotary range extender—and we get some time driving the Hummer EV and understanding why GM built this supertruck first. The Outlander PHEV commits to better handling in…
Engine No. 1, Famed Activist Investor, Believes GM Will Lead Electric Vehicle Transition
The activist investment firm in the news earlier this year for ousting existing Exxon board members in favor of its own environmentally focused replacements has spoken out in favor of GM’s transition towards electric vehicles. Engine No. 1 believes that…
Audi CEO says brand’s EVs are almost as profitable as its other cars
After, oh, a hundred years or so of building vehicles primarily powered by internal combustion engines, automakers around the world have been and still are pumping billions of dollars into the development of electric vehicle technology. Everything from…
Tesla Deliveries Crushed Expectations. That’s Good News for the Stock.
Text size Patrick Pleul/picture alliance via Getty Images Another quarter, another record. Tesla is growing rapidly despite a global automotive semiconductor shortage that is roiling car production across the globe. The electric vehicle pioneer on…
Tesla Deliveries Crushed Expectations. That Should Be Good News for the Stock.
Text size Patrick Pleul/picture alliance via Getty Images Another quarter, another record. Tesla is growing rapidly despite a global automotive semiconductor shortage that is roiling car production across the globe. The electric vehicle pioneer on…