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Ev Stocks

All articles tagged with #ev stocks

business16 days ago

EV Industry Faces Challenges and Uncertainty in 2025

In 2025, Tesla, Rivian, and Lucid faced significant headwinds from policy changes, tariffs, and market shifts, leading to slower sales and higher costs. Tesla experienced a sales decline but maintained its market value and advanced AI and autonomy projects. Rivian focused on scaling production and new models, while Lucid worked on stabilizing output amid demand and cost challenges. Despite difficulties, each company pursued long-term growth strategies in a transitioning EV market.

finance1 year ago

Cathie Wood Shifts Focus: Sells Tesla, Buys AI and EV Stocks

Cathie Wood, CEO of Ark Invest, is shifting her investment strategy by selling shares of Tesla and buying into Archer Aviation, a company developing electric air taxis. Wood sold over 800,000 Tesla shares after the company's stock surged following its Q3 earnings report. Archer Aviation, which focuses on electric vertical take-off and landing (eVTOL) aircraft, recently signed a significant agreement with Japan Airlines to potentially purchase up to 100 aircraft, highlighting its potential in urban transportation solutions.

finance1 year ago

Lucid, Rivian, and Tesla Stocks Surge Amid Market Optimism

Tesla's stock surged past a $1 trillion market cap, despite not reporting earnings, as Rivian and Lucid's earnings reports showed mixed results. Rivian's Q3 sales fell short of expectations, with significant losses, while Lucid saw a 45% revenue increase but still reported losses. Tesla, although experiencing a slight decline in profits, remains profitable and free-cash-flow positive, highlighting its advantage as an established player in the EV market.

electric-vehicles1 year ago

"Elon Musk's Tesla Roadster: The Race for Supercar Dominance"

Elon Musk teases an amped-up Roadster with radical design goals and a production unveiling by the end of 2024, while Tesla reverses price cuts for Model Y variants in the U.S. and offers incentives in China. Apple reportedly shelves its self-driving car project to focus on AI initiatives, Fisker seeks a partnership to address financial concerns, and the Biden administration plans to block Chinese internet-connected vehicles from entering the U.S. market due to security risks. Canoo gets shareholder approval for a reverse stock split as EV stocks show mixed performances for the week.

finance1 year ago

"Rivian and Tesla Stocks Decline as EV Market Concerns Grow"

Shares of EV companies Tesla and Rivian are declining as concerns about a broader slowdown in electric vehicle (EV) demand and affordability weigh on the market. Barclays analysts have downgraded Rivian shares to Equal Weight, citing demand softness and pricing risks. Tesla's decision to cut prices on its Model Y raises concerns about margins, while the overall challenge for EV makers lies in re-accelerating growth amid slowing sales.

finance1 year ago

"Assessing Lucid Stock: Is It Time to Buy or Sell?"

Lucid Group (NASDAQ:LCID) stock has plummeted 95% from its highs, presenting a potential buying opportunity for investors interested in the rapidly expanding electric vehicle market. Despite challenges such as lower-than-expected vehicle deliveries and high cash burn rates, the company is focused on expanding its manufacturing capabilities and vehicle portfolio. However, investors should be prepared for volatility, as Lucid will need to significantly increase production and navigate competition to achieve consistent profitability. With a consensus Hold rating and an average price target of $5.09, Lucid Motors remains a high-risk, high-reward investment worth considering for those willing to weather the uncertainties in the EV industry.

finance2 years ago

"China's Stimulus Boost Propels Asian Stocks to New Highs"

Most Asian stocks rose as Chinese markets extended a rebound on news of more monetary stimulus measures, while Japanese shares lagged due to mixed cues from the Bank of Japan. Chinese stocks led gains after a cut in the reserve requirement ratio (RRR) for local banks, signaling more liquidity to be injected into the economy. Hong Kong's gains were stymied by losses in electric vehicle stocks following disappointing fourth-quarter earnings from Tesla. Bigger gains outside China were restrained by caution ahead of U.S. data and the Federal Reserve meeting, while Japan saw more profit-taking after the Bank of Japan signaled a potential pivot away from its ultra-dovish policy.

business-electric-vehicles2 years ago

"Elon Musk's Power Play: Controversy and Control in the Electric Vehicle Industry"

Electric vehicle stocks experienced a decline due to broader market weakness and negative sentiment towards the sector, with Tesla pulling back and resuming price cuts, leading to anxiety over margins. Elon Musk's desire for more control in Tesla drew criticism, while Rivian's stock fell after Deutsche Bank downgraded it and predicted significant losses. Canoo began delivering electric delivery vans, BYD unveiled a new smart car system, and Fisker is cooperating with an investigation into reported braking issues with its 2023 Fisker Ocean model.

business2 years ago

Fisker's EV Stock Takes a Hit, but a Silver Lining Emerges

Fisker reported meaningful revenue for the first time in its history, with production of 4,725 vehicles and deliveries of 1,097 vehicles in its third-quarter earnings report. Despite falling short of analyst expectations and cutting its production target, Fisker has a surprising edge over its EV start-up peers, reporting the lowest negative gross profit on a per-vehicle basis and as a percentage of revenue. This indicates that Fisker is closer to making a profit compared to its competitors. While EV stocks have faced challenges, Fisker's expected production ramp and solid gross margin numbers provide encouragement for investors, suggesting the company could be on its way to profitability.

finance2 years ago

"Asia Markets Soar on Soft U.S. Inflation and Stimulus Measures"

Hong Kong stocks, led by the Hang Seng index and the Hang Seng Tech index, surged after positive economic data from China and a soft U.S. inflation report. Mainland China's CSI 300 index also rose, while Japan's Nikkei 225 and South Korea's Kospi recorded gains. Chinese electric vehicle stocks, including BYD, Nio, Xpeng, and Li Auto, saw an increase in share prices. Additionally, China reported better-than-expected retail sales and industrial data for October. Meanwhile, Japan's economy shrank more than expected in Q3, and oil prices remained steady as traders assessed Middle East tensions and stronger demand forecasts. Chicago Fed President Austan Goolsbee noted that inflation is cooling at a near-record pace, but further progress is needed. Market participants are optimistic and anticipate a year-end rally.

business2 years ago

"Rivian's Stock Surge Sparks Investor Debate: Is It Time to Ditch Tesla for RIVN?"

Cantor Fitzgerald analyst Andres Sheppard has downgraded Rivian shares from Overweight to Neutral ahead of the company's third-quarter earnings report. Sheppard cited increased valuation in shares and competition in the electric pickup truck market as reasons for the downgrade. However, he noted that Rivian's production and delivery figures for the second quarter exceeded estimates, and the company reaffirmed its belief that it is sufficiently funded through 2025. Sheppard also shared his positive outlook on the electric vehicle industry, reiterating Overweight calls on Lucid Group and Polestar Automotive.

finance2 years ago

"Nikola's Short Squeeze: Retail Investors Rally as BayoTech Deal Boosts Shares"

Shares of Nikola Corp jumped 14% after a short squeeze caused the electric-truck maker's stock to soar by nearly 61% in its busiest trading session on record. The surge came after Nikola announced a deal to sell 50 EVs to BayoTech and purchase low-carbon hydrogen from the firm. The short squeeze led to a record 317 million shares traded. Nikola's strong performance indicates continued interest in EV stocks from individual investors, with the company being the most traded stock among retail traders after Tesla.

business2 years ago

Rivian's Record-Breaking Stock Rally Continues

Rivian Automotive and Polestar Automotive are two under-the-radar electric vehicle (EV) companies that are quietly gaining prominence in the EV market. Both companies have adopted Tesla's practice of publishing production and delivery data ahead of their financial reports. Rivian recently produced 13,992 vehicles and delivered 12,640 in the second quarter, while Polestar delivered a record 15,800 vehicles in Q2. Despite their stock charts showing declines, both companies are showing signs of turning a corner and present an interesting buying opportunity for investors looking for exposure to EVs.