By Reuters Staff 2 Min Read FILE PHOTO: A general view shows the General Motors assembly plant in Ramos Arizpe, in Coahuila state, Mexico February 11, 2021. REUTERS/Daniel Becerril (Reuters) – General Motors Co is looking to build a second battery factory in the United States with South Korean joint-venture partner LG Chem Ltd, the… Continue reading GM in talks to build second U.S. battery plant with LG Chem in Tennessee
Tag: Tesla
/R E P E A T — Media Advisory: Virtual Infrastructure Announcement in London/
Bloomberg Cathie Wood’s ARKK Struggles in Early Trading After 20% Retreat (Bloomberg) — The main fund from Cathie Wood’s Ark Investment Management slipped in pre-market trading on Thursday, as it struggles to stabilize following a 20% drop from its February peak.The $22.9 billion Ark Innovation ETF (ARKK) was down 0.7% as of 8:53 a.m. in… Continue reading /R E P E A T — Media Advisory: Virtual Infrastructure Announcement in London/
General Motors Looks To Add More Juice To Electric Vehicle Transformation
Bloomberg Cathie Wood’s ARKK Struggles in Early Trading After 20% Retreat (Bloomberg) — The main fund from Cathie Wood’s Ark Investment Management slipped in pre-market trading on Thursday, as it struggles to stabilize following a 20% drop from its February peak.The $22.9 billion Ark Innovation ETF (ARKK) was down 0.7% as of 8:53 a.m. in… Continue reading General Motors Looks To Add More Juice To Electric Vehicle Transformation
Tesla and Nio have sold off, but the EV party is just getting started and China is key, say these analysts
TipRanks J.P. Morgan: Don’t Say Bye Bye to NIO Stock, Say Buy Buy NIO’s (NIO) Q4 earnings were disappointing — and (most) investors were disappointed. The Chinese electric-vehicle maker’s stock sold off by 13% Tuesday, one day after NIO delivered a tiny sales “beat” — but lost twice as much money as analysts had bargained… Continue reading Tesla and Nio have sold off, but the EV party is just getting started and China is key, say these analysts
Tesla to become adviser on nickel project in bid to secure key metal
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GM looking to build second battery plant in U.S.: WSJ
By Reuters Staff 2 Min Read FILE PHOTO: A general view shows the General Motors assembly plant in Ramos Arizpe, in Coahuila state, Mexico February 11, 2021. REUTERS/Daniel Becerril (Reuters) – General Motors Co is looking to build a second battery factory in the United States with South Korean joint-venture partner LG Chem Ltd, the… Continue reading GM looking to build second battery plant in U.S.: WSJ
Elon Musk Wants to Rename a Texas Town “Starbase”
Gotta admit, that’s a pretty cool name. Welcome To Starbase Elon Musk is pushing to rename the Texas town where SpaceX test-launches its experimental Starship rocket with something a bit more fitting of its aspirations. On Tuesday, Musk tweeted that he’s “creating the city of Starbase, Texas,” which is almost certainly a reference to Boca… Continue reading Elon Musk Wants to Rename a Texas Town “Starbase”
UBS more than doubles its Tesla price target, citing huge upside in the automaker’s software business
Johannes Eisele/AFP via Getty Images UBS more than doubled its price target for Tesla on Tuesday, from $325 to $730, while keeping its neutral rating, citing the electric car maker’s emerging leadership in software. “Tesla has the potential to become one of the most valuable software companies,” the team of analysts, led by Patrick Hummel,… Continue reading UBS more than doubles its Tesla price target, citing huge upside in the automaker’s software business
Tesla will be the most profitable player in electric vehicles for years to come, UBS analysts say (TSLA, GM, VWAGY)
Tesla will be the most profitable EV maker in 2025 by far, UBS analysts say. Elon Musk’s automaker will realize $20 billion in operating profits that year, analysts estimate. Volkswagen will come in second, they say, but Tesla’s software gives it a major advantage. Visit the Business section of Insider for more stories. Even as… Continue reading Tesla will be the most profitable player in electric vehicles for years to come, UBS analysts say (TSLA, GM, VWAGY)
Early Tesla investor is worried about competition encroaching on Elon Musk from all sides
Steve Westly said Tesla is facing an increasingly crowded electric-car market. The former board member said Tesla could lose buyers to companies like General Motors or Volkswagen. Tesla is looking to make a cheaper vehicle and expand its market in other countries like China. Visit the Business section of Insider for more stories. Former Tesla… Continue reading Early Tesla investor is worried about competition encroaching on Elon Musk from all sides