The Detroit carmaker is creating a domestic supply base to make EVs cheaper and profitable aided by Kurt Kelty, who landed Tesla’s top battery supplier in its early days.
Tesla stock opened down 0.7% at $395.19 ahead of earnings. Coming into this report, Tesla stock has fallen for five of the past six trading days, losing almost 7% over that span. The year-over-year gain is worth more than the market value of General Motors,
Tesla's investors want answers. Plus, Trump's new transportation chief immediately seeks to weaken fuel economy rules.
[UPDATE] Tesla and General Motors stand to bear the brunt of the elimination of the federal EV tax credit.
Tesla investors will look for more details on the automaker's lower-priced model when it reports quarterly results on Wednesday.
Cox Automotive said December saw a record volume of buyers pay more than $80,000 for a new car, pushing the overall transaction price near a record.
General Motors (GM) beat Wall Street estimates in Q4 but stock fell as tariff fears loomed large despite strong guidance for 2025 and a robust EV roadmap.
DETROIT – General Motors on Thursday revealed a new $80,000 performance version of its all-electric Cadillac Lyriq, as the Detroit automaker targets becoming the top-selling luxury EV brand this year in the U.S.
Our proven model does not conclusively predict an earnings beat for Tesla. The combination of a positiveEarnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an ...
The automotive market is expected to experience growth driven by various factors. The automotive industry is rapidly evolving to adapt to customer demands and ever-evolving frontiers of technologies like 5G,
With Donald Trump returning to the U.S. presidency, investors are broadly nervous about auto companies transitioning toward an electric future, especially amid the president’s plans to roll back Biden-era green policies,