Macquarie’s Eugene Hsiao says weaker demand for the core Nio brand and a slower ONVO production ramp led to an 18% revenue miss versus the midpoint of the guidance range.
Nio shares have halved year-to-date amid tough EV industry fundamentals in China.
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.
Hedge funds short Tesla have seen staggering losses exceeding $5 billion following a post-election surge in TSLA stock. This unexpected spike in Tesla’s (NASDAQ: TSLA) valuation comes after CEO Elon...
Tesla’s combined 2030 revenue will likely be $550 billion, said Morgan Stanley analyst Adam Jonas.
Hedge funds short Tesla have seen staggering losses exceeding $5 billion following a post-election surge in TSLA stock. This unexpected spike in Tesla’s (NASDAQ: TSLA) valuation comes after CEO Elon...
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.