A top exchange-traded fund holds most of the stocks leading the autonomous driving revolution.
The US market rebounded in the week ended Nov. 22, with small-caps outperforming their larger peers.
Nio shares have halved year-to-date amid tough EV industry fundamentals in China.
XPeng’s third-quarter gross margin hit a record high, thanks to technology-driven cost reductions and significant quarter-over-quarter volume growth.
The golden path for Tesla around Cybercabs and autonomous is now within reach, with an emboldened Trump/Musk strategic alliance, says an analyst.
The Trump transition team reportedly believes the EV tax credit could easily be passed as part of a larger tax reform bill in a Republican-controlled Congress.
The JV will be established as an electrical architecture tech company focusing on software, electronic control units and related network architecture design and development.
Tesla’s combined 2030 revenue will likely be $550 billion, said Morgan Stanley analyst Adam Jonas.
Lucid said its cost-reduction efforts are gaining momentum and that it has cash runway well into 2026.
Rivian generated a negative gross profit per EV of $39.13 million, wider than $30.65 million a year ago.