Topics

Automobiles

Video

Tesla vs. NIO: Battle for the World's Largest EV Market

  • Tesla vs. NIO: Battle for the World's Largest EV Market Tesla vs. NIO: Battle for the World's Largest EV Market 6:28
    How Elon Musk Found Stock Success Amid the Covid Pandemic How Elon Musk Found Stock Success Amid the Covid Pandemic 6:50
    Nikola and the Race to Find the Next Tesla Nikola and the Race to Find the Next Tesla 7:39
    Coronavirus Pandemic Fuels China's Self-Driving Cars Coronavirus Pandemic Fuels China's Self-Driving Cars 6:08
11:26 a.m. Today - By Quentin Fottrell
We put our spendthrift neighbors in touch with our financial adviser. They called her ‘lousy.’ So how come WE are the ones who retired early? ‘Warren Buffett and Harry Potter couldn’t get those two retired early’‘Warren Buffett and Harry Potter couldn’t get those two retired early.’
11:15 a.m. Today - By Claudia Assis
Nikola stock gains after narrower Q4 loss for electric-truck makerNikola Corp. reported a narrower-than-expected loss in the fourth quarter, promising to focus on its core business of electric and fuel-cell commercial trucks.
6:01 a.m. Today - By Jeffry Bartash
Durable-goods orders post biggest gain in six months — that’s a good sign for the U.S. economy U.S. manufacturers received the biggest increase in orders in January in six months, pointing to an economy that is gaining steam again after a letdown at the end of last year. Orders for durable goods--- products meant to last at least three years--- rose 3.4%.
5:39 a.m. Today - By Michael Brush
These are the hidden dangers lurking inside SPACs that can hurt youBeware --- your shares can get diluted by over 100%.
2:59 a.m. Today - By Tomi Kilgore
Workhorse's loss of U.S. Postal Service contract may have legacy Trump politics behind it; 'shocked,' Cowen analyst saysShares of Workhorse Group Inc. kept falling Wednesday, extending the previous session's near-record plunge, after the disappointment over losing out on the U.S. Postal Service trucks contract prompted one of the most bullish analysts on Wall Street to downgrade the electric vehicle maker.
12:02 a.m. Today - MarketWatch.com
How augmented reality is taking you car shoppingIt's not quite like kicking tires, but a new iOS and Android service can help shoppers feel like they’re in the showroom from the comfort of their own home.
12:27 p.m. Feb. 24, 2021 - By Victor Reklaitis
Biden signs executive order tied to semiconductor shortagePresident Joe Biden on Wednesday afternoon signs an executive order that aims for a review of supply chains for semiconductors and other critical goods.
11:34 a.m. Feb. 24, 2021 - By Claudia Assis
TrueCar rallies after Q4 sales top viewsShares of TrueCar jumped in the late session Wednesday after a quarterly beat for the online car-pricing company.
10:20 a.m. Feb. 24, 2021 - By Barbara Kollmeyer
Tesla shares on the rebound after selloff. 'We bought a lot,' says ARK's Cathie WoodOne of the biggest Tesla investors on Wall Street, ARK Invest's Cathie Wood, has been buying the Tesla dips.
10:15 a.m. Feb. 24, 2021 - By Steve Goldstein
Why the world's largest fund manager is getting more aggressive — and says climate change boosts the case for equitiesBlackRock makes the case for increasing allocation toward stocks and away from government bonds.
9:29 a.m. Feb. 24, 2021 - By Nicole Lyn Pesce
The new USPS trucks are delivering strong reactions — here are some first-class responsesThe updated U.S. Postal Service delivery vehicle design has been called 'ugly' and cartoonish online
8:10 a.m. Feb. 24, 2021 - By Claudia Assis
Fisker, Foxconn deal brings focus to EV maker's 'Apple of autos' strategyFisker Inc. stock rallied on Wednesday after the EV maker's deal with Foxconn Technology Group brings focus to its strategy of becoming the 'Apple' of autos and diversifies its production.
7:07 a.m. Feb. 24, 2021 - By Wallace Witkowski
Worldwide chip shortage expected to last into next year, and that's good news for semiconductor stocks A global shortage of semiconductors has pushed chip stocks to record highs, and analysts expect that chips will continue to be in short supply at least through the end of the year as COVID-19 pushes the world further into the digital realm and the industry struggles to keep up with demand.
6:29 a.m. Feb. 24, 2021 - MarketWatch.com
Foxconn to build cars for electric-vehicle startup FiskerFoxconn Technology Group, the world’s biggest electronics contract manufacturer, has agreed to assemble cars for electric-vehicle startup Fisker Inc., the latest deal for the Apple iPhone assembler in its eager expansion into the automotive sector over the past year.
3:49 a.m. Feb. 24, 2021 - By Tomi Kilgore
Workhorse plans to fight losing the USPS's NGDV contractWorkhorse Group Inc. isn't sitting still after losing the U.S. Postal Service's Next Generation Delivery Vehicle (NGDV) contract to Oshkosh Corp. , as the electric vehicle maker said Wednesday that it has requested "additional information" from the USPS on the bidding process. The company said it is awaiting a response. "The company intends to explore all avenues that are available to non-awarded finalists in a government bidding process," Workhorse said in a statement. The company said it will hold a conference call on March 1 to discuss financial results. The stock fell 9.4% in premarket trading, after plunging 47.5% on Tuesday after the USPS contract award was announced. Oshkosh shares rose 6.6% premarket, after climbing 6.1% on Tuesday. Over the past three months, Workhorse's stock has lost 42.8% through Tuesday, while the S&P 500 has gained 6.8%.
1:54 a.m. Feb. 24, 2021 - By Philip van Doorn
These are the stocks helping to tank the high-flying ARK Innovation ETF over the past weekThe actively managed ETF's largest holding is Tesla, accounting for 8.3% of assets.
1:54 a.m. Feb. 24, 2021 - By Philip van Doorn
If you think it's time to shift to value stocks, here are Wall Street's favoritesRising interest rates and a recovery of energy prices may signal a switch for investors after a years-long appetite for growth stocks.
11:58 p.m. Feb. 23, 2021 - MarketWatch.com
Why driverless cars are paradise on wheels for someAutonomous vehicles are already winning over residents of a retirement community, some in their 90s.
5:49 p.m. Feb. 23, 2021 - By Weston Blasi
Tiger Woods seriously injured in rollover car crashLegendary golfer transported to a Los Angeles hospital, agent says he's undergoing surgery on legs
12:40 p.m. Feb. 23, 2021 - By Jon Swartz
This California investor predicts a 10-year 'good economy' revolution that shoves the sharing economy asideJoe Sanberg is co-founder of financial services startup Aspiration.com, an investor and a public-policy advocate for labor, corporate responsibility and climate initiatives in California. In 2019, he entertained a run as a presidential candidate, declaring a war on poverty and homelessness. He still harbors political dreams.
10:15 a.m. Feb. 23, 2021 - By Barbara Kollmeyer
A tangled market web of Tesla-bitcoin-ARK Investment could spell trouble for investors, warns strategist Our call of the day comes from Saxo Bank's head of equity strategy, who is worried that Tesla is wrapped up in a tangled market web, and investors could pay the price.
9:46 a.m. Feb. 23, 2021 - By Claudia Assis
The Tesla-Reddit connection 'looks real,' Barclays says Tesla Inc. stock returns and the number of posts on Reddit's WallStreetBets show a 'real' but 'nuanced' correlation, Barclays says.
8:17 a.m. Feb. 23, 2021 - By Cody Willard
The days of easy money in the stock market are now overGet ready for a return to normal. Lucid's SPAC and ARK Invest's ETFs carry the whiff of the late-1990s technology bubble.
8:03 a.m. Feb. 23, 2021 - By Claudia Assis
Tesla stock's drop likely related to bitcoin betAs Tesla Inc. stock enters a bear market, some analysts are pinning that slide to the Silicon Valley electric-car maker's bitcoin bet.
4:56 a.m. Feb. 23, 2021 - By Tomi Kilgore
Tesla stock tumbles deep into bear-market territoryShares of Tesla Inc. tumbled 10.5% to $640.00 in morning trading Tuesday, and have now plunged 27.5% from their record close, to put them on track to suffer their second bear market in less than six months. Many on Wall Street define a bear market as a decline of 20% or more on a closing basis from a significant peak. A close below $706.47, which is 20% below the Jan. 26 record close of $883.09, would make the bear market official. The last time the stock entered a bear market was Sept. 8, 2020, when it closed at $330.21, or 33.7% below the then-record close of $498.32 on Aug. 31. The stock rose to a new record on Nov. 19. Tesla's stock has still run up 22.5% over the past three months, while the S&P 500 has gained 6.9%. Among Tesla's electric vehicle peers, shares of China-based Nio Inc. took a 13.6% dive in morning trading, after closing Monday 19.4% below its Feb. 9 record close of $62.84. The stocks of XPeng Inc. and Li Auto Inc. both fell into bear markets on Dec. 1, while Nikola Corp. shares closed Monday 73.8% below its record close of $79.73 on June 9, 2020.
3:22 a.m. Feb. 23, 2021 - By Tomi Kilgore
Nikola announces details of its hydrogen fuel-cell EV trucks, with road testing expected next yearNikola Corp. announced Tuesday details of its hydrogen fuel-cell electric vehicle (FCEV) commercial truck program, as it introduced trucks with ranges between 500 miles and 900 miles. The company said it plans to introduce a FCEV variant to its Nikola Tre Cabover battery-electric vehicle, which has a range of up to 300 miles; the Nikola Tre FCEV will be for longer-range use of up to 500 miles. The company said its long-range Nikola Two FCEV Sleeper will have a range of up to 900 miles. Nikola said the first Tre prototypes utilizing fuel-cell power modules and scalable hydrogen storage systems are expected to begin road testing in 2022, with the launch of the systems expected in 2023. "Utilizing common components and systems for hydrogen propulsion will support greater economies of scale and also allow Nikola to continuously expand and adapt our FCEV truck portfolio to address the diverse requirements of commercial trucking," said Jason Roycht, global head of FCEV at Nikola. The stock, which fell 3.6% in premarket trading, has tumbled 28.9% over the past three months through Monday, while the S&P 500 has gained 8.4%.
2:15 a.m. Feb. 23, 2021 - By Jeremy C. Owens
Lucid Motors finally confirms SPAC deal, and the stock is plungingAfter weeks of spiking share prices for a blank-check company rumored to be targeting the acquisition of electric-vehicle company Lucid Motors, the two parties officially announced a deal Monday afternoon, and the stock sank sharply.
2:05 a.m. Feb. 23, 2021 - By Barbara Kollmeyer
Bitcoin drops further below key $50,000 level after Yellen calls it 'extremely inefficient' The price of bitcoin fell below the psychologically important $50,000, after Treasury Secretary Janet Yellen sounded a warning over the cryptocurrency.
12:05 a.m. Feb. 23, 2021 - MarketWatch.com
This is now the average price of a new carIt’s not your imagination: New car prices continue to rise. Just how pricey are they these days?
11:22 p.m. Feb. 22, 2021 - By Steve Goldstein
Tesla shares fall below S&P 500 entry level in premarket tradeElectric vehicle maker Tesla was trading at $692.13 in early premarket action on Tuesday -- below the $695 it closed at before entering the S&P 500 . If Tesla were to close at that level, it will have dropped more than 20% from its Feb. 2 peak. Other members of the NYSE FANG+ index including Facebook and Apple have also dropped sharply as interest rates have climbed.
9:03 a.m. Feb. 22, 2021 - By Myra P. Saefong
Gasoline prices log strongest stretch of gains since Hurricane Harvey, amid Texas deep freezeGasoline prices climb for a seventh week in a row, at their fastest weekly pace since 2017, but drivers will soon see a temporary reprieve at the pump, according to travel and navigation app GasBuddy.
8:37 a.m. Feb. 22, 2021 - MarketWatch.com
Goodyear to buy rival Cooper Tire for $2.8 billionGoodyear Tire & Rubber Co. agreed to buy Cooper Tire & Rubber Co., a deal that Goodyear said would allow it to reduce costs and build out its businesses in the U.S. and China.
2:13 a.m. Feb. 22, 2021 - By Ciara Linnane
Goodyear Tire to acquire Cooper Tire in deal with enterprise value of about $2.5 billion Goodyear Tire & Rubber Co. said Monday it is acquiring Cooper Tire & Rubber Co. in a deal with an enterprise value of about $2.5 billion. Under the terms of the deal, Cooper shareholders will receive $41.75 per share in cash and 0.907 shares of Goodyear for a total equity value of about $2.8 billion. That is equal to a price of $54.36 per share, or a premium of 24% over Cooper's 30-day volume weighted average price as of the close on Friday. Goodyear shareholders will own about 84% of the combined company, while Cooper shareholders own the remaining 16%. The deal is expected to close in the second half and to immediately boost Goodyear's per-share earnings. Cooper was founded in 1914, and is the fifth biggest tire maker in North America, measured by revenue, with about 10,000 employees in 15 countries. "The addition of Cooper's complementary tire product portfolio and highly capable manufacturing assets, coupled with Goodyear's technology and industry leading distribution, provides the combined company with opportunities for improved cost efficiency and a broader offering for both companies' retailer networks," Goodyear Chief Executive Richard J. Kramer said in a statement. The deal is expected to generate run-rate cost synergies of about $165 million in two years after closing. Cooper shares jumped 12.5% premarket, while Goodyear shares were not yet active.
12:01 a.m. Feb. 22, 2021 - MarketWatch.com
Why women are more likely to be injured in a car crashA recent study found that women are about 25% more likely to be killed in a car crash than men, and the risk of injury is considerably higher, too.
4:25 a.m. Feb. 20, 2021 - By Philip van Doorn
22 additional dividend stocks that Warren Buffett might consider buyingHis Berkshire Hathaway conglomerate recently started buying shares of Verizon and Chevron --- both have attractive dividend yields well-supported by expected cash flow.
10:50 a.m. Feb. 19, 2021 - By Rupert Steiner
Uber loses key legal fight, which could hurt its business model in the U.K. and hit gig-economy companiesUber lost a key court ruling on Friday, which could hurt its business model in one of its biggest international markets.
9:55 a.m. Feb. 19, 2021 - By Joy Wiltermuth
Wall Street takes fresh steps to kick $200 trillion Libor debt habitEnergy company Enbridge Inc. this week joins the group of borrowers using the alternative Secured Overnight Financing Rate (SOFR) benchmark, marking the first such U.S. financing of its kind outside of the financial sector.
5:31 a.m. Feb. 19, 2021 - By Greg Robb
U.S. businesses have strongest expansion in almost six years in February, Markit PMI data showThe flash reading of the IHS Markit U.S. composite purchasing managers index rose to 58.8 in February, the strongest reading in almost six years.
3:33 a.m. Feb. 19, 2021 - By Greg Robb
Federal Reserve starts playing catch-up on climate change Federal Reserve Governor Lael Brainard on Thursday outlined the work the central bank is undertaking to protect the financial system from climate-change risk.
3:20 a.m. Feb. 19, 2021 - MarketWatch.com
'It’s the political symbolism' from the largest economy --- Global leaders applaud U.S.'s return to Paris climate pactThe United States is officially back in the Paris climate accord, just 107 days after it left.
Browse topics:

Filter results by

Location

Us (901)

Asia Pacific (119)

China (90)

Europe (70)

Eu (42)

Uk (22)

Link to MarketWatch's Slice.