It appears that Tesla is expanding its Investor Relations team. As per recent job postings from the company, Tesla is actively looking to hire an Investor Relations Lead. The job listing was highlighted by IR Head Martin Viecha on Twitter. Tesla’s ideal candidate for its Investor Relations Lead must be a great communicator with a […]
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Ford (NYSE: F) continues to battle parts shortages that have plagued the global automotive industry for two and a half years. Shares of the automaker were down over 11 percent in midday trading after Ford assured investors of its ability to work through the issues. Ford has published a press release stating that the company […]
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Tesla (NASDAQ: TSLA) is pulling out all the stops to fend off competition in China, including offering a new subsidy program that requires the automaker’s in-house insurance program. The automaker is facing worthy competition from Chinese automakers, a note from analysts at Morgan Stanley said, which has resulted in Tesla utilizing a few strategies to […]
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The third quarter is ending, and a certain trend is emerging among regions supplied by Tesla’s Gigafactory Shanghai. Following the facility’s recent round of upgrades, the vehicle delivery wait times for Model 3 and Model Y variants that come from Tesla’s China factory are getting shorter. And this, at least according to Piper Sandler analyst […]
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After Rivian Automotive (NASDAQ: RIVN) struck a deal with Mercedes-Benz last week for a strategic partnership and joint production effort of electric delivery vans, analysts are explaining how the move could help bolster the EV maker’s long-term outlook. Last week, Rivian and Mercedes-Benz announced they would build all-electric delivery vans for the European market, where […]
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Ex-Nikola Motors CEO Trevor Milton began his fraud trial in Manhattan yesterday. Nikola Motors (NASDAQ: NKLA) is a hydrogen/electric vehicle startup that currently sells all-electric semi-trucks. However, it is alleged that the previous CEO, Trevor Milton, defrauded investors by lying about the company’s technology and production capabilities. The fraud trial is being held in Manhattan, […]
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Honda Motor Company has partnered with Hanwa Co. to secure a stable supply of electric vehicle battery materials as the Japanese automaker prepares for a push to transition to EVs. On Tuesday, Honda said it had entered a partnership with Hanwa and will have a steady supply of nickel, cobalt, and lithium, three metals commonly […]
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Tesla (NASDAQ: TSLA) continues to maintain its position as the best-suited company moving forward following the signing of the Inflation Reduction Act, a note from Goldman Sachs said after a meeting with company executives earlier this month. VP of Investor Relations Martin Viecha met with Goldman Sachs’ team of analysts, reiterating their $333.33 price target […]
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Tesla may have maintained its profitability and growth while absolutely dominating the electric vehicle industry, but for Moody’s Corporation, the electric vehicle maker is still rated “junk.” An explanation for this was recently shared online, though for CEO Elon Musk, what Moody’s thinks about Tesla doesn’t really matter. Tesla retail investors, particularly some who are […]
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BYD shares (HKSE: 1211.HK) on the Hong Kong stock exchange tumbled nearly 12 percent today after Berkshire Hathaway divested 1 million shares from the company. According to Fortune, Warren Buffet’s Berkshire Hathaway has been invested in BYD since 2006 and has made roughly $7 billion in profit from an initial $232 million investment. While the […]
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