A new electric car could eventually cost as little as $3,000, Morgan Stanley analysts said. The bank expects electric-vehicle prices to continue to drop for the next decade at least. Plummeting EV prices could render gas-powered cars completely obsolete, they said. See more stories on Insider’s business page. The cheapest electric car for sale in… Continue reading Electric vehicles could cost less than $5,000 some day, Morgan Stanley analysts predict (GM, TSLA)
Tag: Morgan
Elon Musk says Tesla will double its Full Self-Driving software’s beta program. It comes amid news that Ford’s Mustang Mach-E is eating into Tesla’s US sales.
Tesla CEO Elon Musk on Friday said the carmaker would double a beta testing program for its self-driving software. The news comes amid reports that Ford’s electric Mustang Mach-E seems to be eating into Tesla’s lead in the electric vehicle market. On Twitter, Musk said:“If you want the Tesla Full Self-Driving Beta downloaded to your… Continue reading Elon Musk says Tesla will double its Full Self-Driving software’s beta program. It comes amid news that Ford’s Mustang Mach-E is eating into Tesla’s US sales.
Tesla is slowly losing its electric-vehicle crown as Ford’s Mustang Mach-E cuts into sales (TSLA, F)
Tesla’s share of the US electric-car market fell from 81% to 69% in February. The Mustang Mach-E was nearly the sole reason for Tesla’s market-share losses. Ford’s new electric car has been widely successful, winning awards and Wall Street’s approval. Visit the Business section of Insider for more stories. Ford’s electric Mustang Mach-E appears to… Continue reading Tesla is slowly losing its electric-vehicle crown as Ford’s Mustang Mach-E cuts into sales (TSLA, F)
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 is losing market shares to Ford Mustang Mach-E, according to Morgan Stanley
Morgan Stanley is out with a new report stating that Tesla is losing market shares to the Ford Mustang Mach-E in the US. The firm released its February 2021 US auto sales report and they found that electric vehicle sales were up by almost 40%. Tesla still had majority market shares, but it fell compared… Continue reading Tesla is losing market shares to Ford Mustang Mach-E, according to Morgan Stanley
Dow Falls Despite Biden Vaccine Pledge Amid Weak Jobs Data; Boeing Flies; Bitcoin Surges
Bloomberg Intel Told to Pay $2.18 Billion After Losing Patent Trial (Bloomberg) — Intel Corp. was told to pay VLSI Technology LLC $2.18 billion by a federal jury in Texas after losing a patent-infringement trial over technology related to chip-making, one of the largest patent-damages award in U.S. history. Intel pledged to appeal.Intel infringed two… Continue reading Dow Falls Despite Biden Vaccine Pledge Amid Weak Jobs Data; Boeing Flies; Bitcoin Surges
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 for. How bad was the news, exactly? In Q4, NIO reported $1.02 billion… Continue reading J.P. Morgan: Don’t Say Bye Bye to NIO Stock, Say Buy Buy
EV Stocks Xpeng, Li Auto Fall As Global Headwind To Follow Seasonal Slowdown
Bloomberg Intel Told to Pay $2.18 Billion After Losing Patent Trial (Bloomberg) — Intel Corp. was told to pay VLSI Technology LLC $2.18 billion by a federal jury in Texas after losing a patent-infringement trial over technology related to chip-making, one of the largest patent-damages award in U.S. history. Intel pledged to appeal.Intel infringed two… Continue reading EV Stocks Xpeng, Li Auto Fall As Global Headwind To Follow Seasonal Slowdown
Daimler picks banks to help with listing of trucks unit – sources
By Arno Schuetze 2 Min Read FILE PHOTO: A new Daimler AG, FUSO battery-powered eCanter urban delivery truck is unveiled during a news conference in New York City, U.S. September 14, 2017. REUTERS/Brendan McDermid FRANKFURT (Reuters) – Daimler has picked banks to help with the planned listing of its trucks unit that the carmaker seeks… Continue reading Daimler picks banks to help with listing of trucks unit – sources
@McLaren: McLaren Driver Development Programme to resume with Team Rocket RJN in the 2021 British GT Championship000081
1 Mar 2021 McLaren Driver Development Programme (DDP) to resume this season Katie Milner, Michael Benyahia, Harry Hayek and Alain Valente retained for new season DDP drivers will contest British GT Championship with 570S GT4s run by Team Rocket RJN The McLaren Automotive Driver Development Programme (DDP) will resume this year, with all four of… Continue reading @McLaren: McLaren Driver Development Programme to resume with Team Rocket RJN in the 2021 British GT Championship000081