Analysts are trying to estimate the value of Tesla’s Supercharger network as the NACS connector becomes the North American standard and could widen Tesla’s charging lead. One of the top Tesla analysts believes it could be worth more than $100 billion. The Supercharger network is the only global EV fast-charging network, and in North America,… Continue reading Tesla Supercharger network could be worth $100 billion, analyst says
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Electric-vehicle startups set to extend blistering rally
[1/2] Lordstown’s logo is pictured on a smartphone in this illustration taken, December 4, 2021. REUTERS/Dado Ruvic/Illustration/File Photo June 16 (Reuters) – Electric-vehicle startups from Nikola (NKLA.O) to Lordstown Motors (RIDE.O) were set on Friday to extend a blistering rally in their shares that has put the cash-strapped companies on track for hefty weekly gains.… Continue reading Electric-vehicle startups set to extend blistering rally
Toyota stock having best week since 2009 after annual meeting, new EV goals
Akio Toyoda, Chairman of Toyota Motor Corp. Yoshikazu Tsuno | Gamma-rapho | Getty Images DETROIT – Toyota Motor’s stock is having its best week since 2009 following the company disclosing plans for its next-generation electric vehicles and shareholders voting in favor of its new leadership, including former CEO Akio Toyoda as chairman. Shares of Toyota on… Continue reading Toyota stock having best week since 2009 after annual meeting, new EV goals
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NEW YORK, June 15 (Reuters) – Microsoft Corp (MSFT.O) shares are on course for a new record high close on Thursday as market optimism about the prospects of artificial intelligence (AI) has helped buoy the technology giant to a valuation of nearly $2.6 trillion. Microsoft is seen as a leader in the adoption of AI… Continue reading Untitled
@Toyota: Celebrating Father’s Day: Working with Dad — Toyota Employee Stories
When it comes to being close, these fathers and their adult children tell how their Toyota work bond has brought them lasting memories. Providing, Just Like Dad Father: Darrell Brock, Body Weld Seibi manager, Production Engineering and Manufacturing (PEMC); 34 years at Toyota Son: Craig Brock, senior engineer, Internal Logistics Engineering, PEMC; 7 years at… Continue reading @Toyota: Celebrating Father’s Day: Working with Dad — Toyota Employee Stories
Scientists Extremely Intrigued to Find Ingredients for Life on Enceladus
“The next step is to figure out if indeed it is inhabited…” Herbs and Spices A breakthrough new study appears to confirm that Enceladus — an icy, 300 miles-in-diameter moon that orbits Saturn — contains all of the six major ingredients for life, leading scientists to believe that the intriguing Saturnine satellite might indeed be habitable.… Continue reading Scientists Extremely Intrigued to Find Ingredients for Life on Enceladus
EV stocks join AI names in leading the stock market rally
The S&P 500 entered a new bull market last week. But the gains during this year’s run higher have been led by the tech-heavy Nasdaq and investors hyper for artificial intelligence plays. And now, electric vehicle stocks have joined the AI-led mania with the market rally continuing as we near the end of the month,… Continue reading EV stocks join AI names in leading the stock market rally
TRUECAR ANNOUNCES STRATEGIC RESTRUCTURING AND LEADERSHIP TRANSITION
Restructuring Expected to Streamline Organization and Reduce Annualized Expenses by Over $20 MillionJantoon Reigersman Appointed President and Chief Executive OfficerMichael Darrow to Depart from Company SANTA MONICA, Calif., June 14, 2023 /PRNewswire/ — TrueCar, Inc. (NASDAQ: TRUE) today announced a strategic restructuring to streamline the organization, including a workforce reduction impacting approximately 102 positions, or 24%… Continue reading TRUECAR ANNOUNCES STRATEGIC RESTRUCTURING AND LEADERSHIP TRANSITION
Bristow Group to Present at the 2023 J.P. Morgan Energy, Power & Renewables Conference and Plans to Issue 2024 Financial Outlook
HOUSTON, June 13, 2023 /PRNewswire/ — Bristow Group Inc. (NYSE: VTOL), the global leader in innovative and sustainable vertical flight solutions, today announced it will present at the 2023 J.P. Morgan Energy, Power & Renewables Conference on Wednesday, June 21, 2023, where it will also issue select financial guidance for 2024. Bristow’s President and Chief… Continue reading Bristow Group to Present at the 2023 J.P. Morgan Energy, Power & Renewables Conference and Plans to Issue 2024 Financial Outlook
Options Traders Score Cheap Premium After Nio Earnings
Options traders are blasting China-based electric vehicle (EV) name Nio Inc (NYSE:NIO), after the company reported first-quarter earnings on Friday. At last glance, more than 246,000 calls and 107,000 puts had crossed the tape, which is triple the intraday average amount. Most popular and seeing new positions opening is the June 8.50 call. These traders are… Continue reading Options Traders Score Cheap Premium After Nio Earnings