Morand’s new eTechnology can charge a car in 72-seconds

Nio (NIO) begins deliveries to customers in Sweden

Chinese electric vehicle maker, Nio (NIO) began deliveries in Sweden this week after celebrating the companys European launch in Berlin a last month. Sweden is the fourth European market for Nio. As in the Netherlands and Germany, Nio is also launching the ET7 electric sedan in Sweden, while the... More

Tesla (TSLA) recalls 30,000 vehicles over airbag issue

According to a company letter filed with regulators, electric vehicle maker, Tesla (NASDAQ: TSLA) has recalled close to 30,000 model X vehicles after an issue was found that may cause the front passenger airbag to deploy incorrectly.

The National Highway Traffic Safety Association... More

Wedbush impressed at GM investor day; reiterates Outperform

Wedbush reiterated an Outperform rating and $42.00 price target on General Motors (NYSE: GM) after attending the companys investor meeting today in New York. GM used the opportunity to check up on the companys electrification strategy.

Analyst Daniel Ives wrote in a note Given the supply chain issues and global macro, GM easily could have been more cautious around targets, battery production, and overall demand looking ahead for the coming years. Instead, Barra & Co. came out... More

GM’s BrightDrop to reach $1B in revenue by 2023; $10B by 2030

Travis Katz, the CEO and president of BrightDrop, a subsidiary of General Motors (NYSE: GM), spoke today at GMs investor day in New York. BrightDrop is an automotive technology company targeting last-mile delivery customers, supplying products like electric delivery vans, ePallets, and cloud-based software.

Katz was introduced on stage by General Motors president Mark Reuss, where he spoke on the current goals of the business to drive down costs through scale and... More

General Motors (GM) CEO Barra highlights EV profitability at GM investor day

General Motors (NYSE: GM) held their investor day presentation today in New York, focusing on 2023-2025. CEO, Mary Barra highlighted the companys electric vehicle segment announcing that the company expects their EV portfolio to be profitable by 2025.

we expect our EV portfolio to be profitable by 2025 including GHG benefits and revenue from software and after sales. This is before the benefits of the new clean energy tax credits. When... More

Nio (NIO) trades down following UBS downgrade

Shares of electric automaker Nio Inc. (NYSE: NIO) are down 1.99% in mid-day trading on Thursday after UBS announced that they have downgraded the stock to Neutral (from Buy) and cut the price target to $13.00.

A UBS analyst wrote in a... More

XPeng (XPEV) trades down following UBS Upgrade to Buy

Shares of XPeng (NYSE: XPEV) are down 3.55% in mid-day trading on Thursday after UBS upgraded the stock to a Buy rating (from Neutral) and cut the price target to $13.00 following an 84% YTD price decline. Even as investors have become generally bearish on XPEV following... More

Stellantis (STLA) enters agreement to acquire aiMotive

Stellantis (NYSE: STLA) announced today on their website that the automaker has entered into an agreement to acquire aiMotive, a leading developer of advanced artificial intelligence and autonomous driving software. This acquisition enhances Stellantis artificial intelligence and autonomous driving core technology, expands its... More

Nel and General Motors (GM) Collaborate on Renewable Hydrogen Production

Nel ASA, a subsidiary of the Norwegian Nel Hydrogen, announced Wednesday that they have entered into a joint development agreement with General Motors (NYSE: GM) to help accelerate the industrialization of Nel's proton exchange membrane electrolyzer platform.

"General Motors is one of the global leaders in... More

Musk expects to reduce time at Twitter and find someone to run the company

Elon Musk said Wednesday that he anticipates reducing his time at Twitter and finding someone else to eventually run the social media company.

The comments were made while Musk was testifying in a Delaware court to fend off claims that his $56 billion pay package at Tesla was based... More

Elon Musk says he will find a new leader for Twitter

By Hyunjoo Jin and Tom Hals

(Reuters) -Elon Musk said on Wednesday he expected to reduce his time at Twitter and eventually find a new leader to run the social media company, adding that he hoped to complete an organizational restructuring this week.

Musk made the remarks while testifying in a Delaware court to defend against claims that his $56 billion pay package at Tesla Inc was based on easy to achieve performance targets and was approved by a... More

Elon Musk says he expects the organizational restructuring of twitter to be done this week - Reuters

Elon Musk says he expects the organizational restructuring of twitter to be done this week - Reuters

Elon Musk Says He Expects to Find Someone to Run Twitter --WSJ

Elon Musk Says He Expects to Find Someone to Run Twitter --WSJ

General Motors (GM) call put ratio 1.4 calls to 1 put into investor meeting

General Motors (NYSE: GM) November call option implied volatility is at 69, December is at 44; compared to its 52-week range of 29 to 60 into a company hosted investor day webcast on November 17.

Active options: TSLA AMZN AMD AAPL TGT NVDA CCL META

Active options: TSLA AMZN AMD AAPL TGT NVDA CCL META

Tesla (TSLA) among the least reliable in Consumer Reports annual survey

Consumer reports magazine on Tuesday released their annual reliability survey with Tesla (NASDAQ: TSLA) and other electric vehicles ranking among the least reliable.

Electric vehicles are new technology, and a lot of automakers dont have a lot of history building electric powertrains, said Jake Fisher prior to releasing survey results at a meeting of the Automotive... More

NHTSA data shows Tesla (TSLA) reported two new crash fatalities tied to self-driving program

The National Highway Traffic Safety Administration (NHTSA) released data on Tuesday showing that American electric automaker, Tesla (NASDAQ: TSLA) has reports of two new crash fatalities in Model 3 cars tied to advanced driver assistance systems in the month ending October 15.

"NHTSA has reviewed these... More

Tesla (TSLA) recalls 1000 vehicles in Australia

The Australian Department of Transport issued a recall early Wednesday for over 1000 Tesla (NASDAQ: TSLA) electric vehicles over a steering fault that could increase the risk of an accident-causing serious injury or death.

The power steering issue affects Tesla Model S and Model X... More

SpaceX mulls $150 billion share sale - Reuters

SpaceX mulls $150 billion share sale - Reuters

NIO Inc. (NIO) 30-day option implied volatility at 91

NIO Inc. (NYSE: NIO) 30-day option implied volatility is at 91; compared to its 52-week range of 61 to 132. Call put ratio 2.4 calls to 1 put.

Li Auto Inc. (LI) 30-day option implied volatility at 95 as share move up

Li Auto Inc. (NASDAQ: LI) 30-day option implied volatility is at 95; compared to its 52-week range of 57 to 119. Call put ratio 2.1 calls to 1 put.

XPeng Inc. (XPEV) calls active as shares trend higher

XPeng Inc. (NYSE: XPEV) 30-day option implied volatility is at 128; compared to its 52-week range of 61 to 129. Call put ratio 5.7 calls to 1 put.

General Motors (GM) option IV increases into investor day

General Motors (NYSE: GM) November call option implied volatility is at 63, December is at 47; compared to its 52-week range of 29 to 60 into a company hosted investor day webcast on November 17.

Texas construction workers allege labor violations at Tesla (TSLA) gigafactory

Construction workers who helped to build Teslas (NASDAQ: TSLA) gigafactory will file a complaint and a case referral with the federal Department of Labor against the company on Tuesday detailing exploitative work conditions they say they experienced while building the plant. The complainants allege that they were forced to work in unsafe conditions and still have unpaid wages dating back to last Thanksgiving.

Construction workers at the site state that... More

Li Auto Inc. (LI) call put ratio 2.2 calls to 1 put as shares rally 5%

Li Auto Inc. (NASDAQ: LI) call put ratio 2.2 calls to 1 put with focus on November 21 calls as shares rally 5%.

XPeng Inc. (XPEV) call put ratio 5.3 calls to 1 put as shares rally 3.5%

XPeng Inc. (NYSE: XPEV) call put ratio 5.3 calls to 1 put with focus on December weekly (2) 12 calls as shares rally 3.5%.

Musk's all-nighters at Twitter raise concern for Tesla investors

By Hyunjoo Jin and Akash Sriram

SAN FRANCISCO (Reuters) - In 2018, Elon Musk was working through the night and sleeping at Tesla Inc's factories in California and Nevada as the company struggled to ramp up production of the Model 3.

On Monday, Musk said he had worked through the night at Twitter's San Francisco headquarters and would keep "working & sleeping here" until the social media platform - which he recently acquired for $44 billion - was fixed.

A self-described "nanomanager," Musk's penchant for working long hours in moments of crisis has been a well-known part of his brand.... More

Spacex Said In Talks To Raise Capital Above $150 Billion Value - Bloomberg

Spacex Said In Talks To Raise Capital Above $150 Billion Value - Bloomberg

EVs, full-size pickup trucks least reliable - Consumer Reports survey

(Reuters) - Electric vehicles (EVs) and full-size pickup trucks were the two most problematic categories in terms of reliability, Consumer Reports magazine's annual reliability survey showed on Tuesday, as Asian brands once again dominated overall rankings.

Hybrid vehicles and mid-sized or large sedans were among the most reliable, according to the survey.

The magazine's annual survey of new vehicle reliability predicts which cars will give owners fewer or more problems than... More

Charlie Munger calls Tesla (TSLA) success a 'minor miracle'

In an interview with CNBC today, billionaire investor and vice chairman of Warren Buffets Berkshire Hathaway, Charlie Munger spoke highly of Tesla (NASDAQ: TSLA), calling it an amazing feat in the American auto industry.

I was certainly surprised that... More

Renaissance cuts position on NIO (NIO); doubles down on XPeng (XPEV) and Li Auto (LI)

Renaissance Technologies LLC, a prominent hedge fund, has cut its position in the Chinese electric vehicle company Nio (NYSE: NIO) during the 3Q, while doubling its bet on XPeng Motors (NYSE: XPEV) and Li Auto (NASDAQ: LI).

Renaissance held 12,681,700 US-traded ADRs of NIO at the... More

Tesla (TSLA) cuts delivery waiting time

Tesla Inc. (NASDAQ: TSLA) announced on their website Tuesday, that the company has cut waiting times for all Model 3 and Model Y vehicles to a minimum of one week.

data from China Merchants Bank International showed that the automaker boosted inventory at... More

General Motors (GM) Barra believes GM EVs will be profitable by 2025

Shares of General Motors (NYSE: GM) are up 2.21% in mid-day trading on Tuesday, ahead of the companys November 17th investor day, where CEO Mary Barra plans to tell investors that the company expects its electric-vehicle program to be profitable in 2025.

Mary Barra said on the companys 3Q earnings call, this weeks investor... More

Active options: TSLA AMZN AAPL BABA AMD WMT T NFLX META

Active options: TSLA AMZN AAPL BABA AMD WMT T NFLX META

Tesla cuts delivery waiting time for all model 3, model Y cars

BEIJING (Reuters) -Tesla has cut the delivery waiting time for all Model 3 and Model Y vehicles to a minimum of one week, it said on its website on Tuesday.

The U.S. automaker added to its electric vehicle inventory in Shanghai at its fastest pace ever in October,... More

Tesla Slashes Delivery Waiting Time For All Model 3, Model Y Cars To Minimum One Weeks - Notice

Tesla Slashes Delivery Waiting Time For All Model 3, Model Y Cars To Minimum One Weeks - Notice

GM's North American battery supply chain is key to EV profits

DETROIT (Reuters) - General Motors Co plans to add more links to its North American battery supply chain, adding to roughly 20 deals so far, in a key strategy to help the Detroit automaker narrow the gap with Tesla Inc in electric vehicle profitability.

GM Chief Executive Mary Barra and other executives are scheduled to brief investors Thursday on the automaker's progress toward scaling up production capacity to deliver 1 million electric vehicles a year in North America by 2025.

Work is underway on new agreements to support higher levels of North American battery production, Sham Kunjur, GM's executive... More

Chinese stocks up on stimulus hopes, TSMC boosted by Berkshire stake

By Ambar Warrick

Investing.com-- Chinese stocks led gains across Asia on Tuesday as investors held out for more stimulus measures by the government to counter the economic duress from COVID-19 restrictions, while Taiwans TSMC surged after Berkshire Hathaway disclosed a stake in the firm.

Chinas blue-chip Shanghai Shenzhen CSI 300 index jumped 1.7%, while the Shanghai Composite index rose 1.4%. Hong Kongs Hang Seng index continued to be an outperformer in Asia with a 3.3% jump and was now close to confirming a... More

Tesla (TSLA) stock price could hit $150 before year-end, warns Morgan Stanley's Jonas

Morgan Stanley analyst Adam Jonas, one of the most vocal Tesla (NASDAQ: TSLA) bulls on the Street, conceded that Elon Musks recent deal to take Twitter private is affecting some consumers sentiment regarding the electric vehicle (EV) maker.

Tesla stock momentum is clearly bearish amid investor concerns over the potential for effects on consumer sentiment that could impact Teslas business near term. From the recent discussions with Tesla investors,... More

General Motors (GM) November option implied volatility into investor day

General Motors (NYSE: GM) November call option implied volatility is at 58, December is at 43; compared to its 52-week range of 29 to 60 into a company hosted investor day webcast on November 17.

Today's most important buybacks

Azenta, Inc. (Nasdaq: AZTA) announced today that its Board of Directors has authorized a new $1.5 billion share repurchase program. The company intends to repurchase at least $1 billion of common stock over the coming year, beginning with a $500 million accelerated share repurchase. Shares surged more than 35%... More

Buffett's Berkshire Enters Jefferies, Louisiana-Pacific, Taiwan Semiconductor - 13F

Warren Buffett's Berkshire Hathaway filed its 13F for the quarter ended Sept. 30, 2022. Below is a summary:

New Stakes
Jefferies Financial Group (NYSE: JEF) new 433,558 share position
LOUISIANA-PACIFIC CORP. (NYSE: LPX) new 5,795,906 share position
TAIWAN SEMICONDUCTOR MANUFACTURING (NYSE: TSM) new 60,060,880 share position

Raised Stakes
CELANESE CORPORATION (NYSE: CE) raised from 9,156,714 shares to 9,710,183 shares
Chevron Corp. (NYSE: CVX) raised from 161,440,149 shares to 165,359,318 shares
Liberty SiriusXM Group (NASDAQ:... More

Elon Musk says recent Twitter trend is 'promising'

Elon Musk shows chart of Twitter DAUs showing 246.4 million and trending higher, says "recent trend is promising"

Recent trend is promising pic.twitter.com/0q7UdxSkbM

Ford opens highly anticipated new dealership in north Texas

Ford (NYSE: F) announced today that they have officially opened the doors at a new dealership location in Northern Texas. The highly anticipated site is located on 18 acres of prime real estate in the heart of Prosper, TX. This event is particularly... More

NIO (NIO) losses expected to widen on low profitability - China Renaissance

NIO Inc. (NYSE: NIO) was cut to Hold from Buy, with its price target lowered to $12.30 per share by China Renaissance analyst Yiming Wang in a note Monday.

Wang told investors that NIO's net loss widened on lower GPM and higher expense ratios in the third quarter.

"NIO's 3Q22 revenue rose 32.6% YoY/ 26.3% QoQ to... More

General Motors (GM) call put ratio 3 calls to 1 put into company hosted investor day

General Motors (NYSE: GM) November call option implied volatility is at 54, December is at 43; compared to its 52-week range of 29 to 60 into a company hosted investor day webcast on November 17. Call put ratio 3 calls to 1 put.

Tesla (TSLA) to hold event to mark first semi deliveries

Teslas (NASDAQ TSLA) head of investor relations, Martin Viecha confirmed in a tweet Friday that the company will be holding a special event on December 1st to mark the first Tesla Semi deliveries. The tweet mentions that shareholders can enter a drawing through the new Tesla Shareholder Platform where one... More

Tesla (TSLA) CEO Musk again hints at stock buyback

(Updated - November 14, 2022 10:13 AM EST)

Tesla (NASDAQ: TSLA) CEO Elon Musk responded to investors on Twitter suggesting the company should do a buyback, reiterating the decision "is up to the Tesla board."

Twitter user @KoGuan Leo tweeted: "Before Q4, Investors request @elonmusk not to dump more shares for any reason bc investors are feeling the brunt of the dump;... More

Active options: TSLA AMC AAPL AMD AMZN META NFLX MSFT NVDA NIO

Active options: TSLA AMC AAPL AMD AMZN META NFLX MSFT NVDA NIO

Tyson Foods, Walt Disney rise premarket; Oatly, Tesla, Hasbro fall

By Peter Nurse

Investing.com -- Stocks in focus in premarket trade on Monday, November 14th. Please refresh for updates.

Tyson Foods (NYSE: TSN) stock rose... More

Tesla (TSLA) PT Lowered to $275 at BofA Securities

BofA Securities analyst John Murphy lowered the price target on Tesla (NASDAQ: TSLA) to $275.00 (from $325.00) while maintaining a Neutral rating.... More

General Motors (GM) option implied volatility flat into investor day

General Motors (NYSE: GM) November call option implied volatility is at 46, December is at 43; compared to its 52-week range of 29 to 60 into a company hosted investor day webcast on November 17.

UPDATE: China Renaissance Downgrades NIO (NIO) to Hold, 'we expect the loss to continue to widen'

(Updated - November 14, 2022 4:34 AM EST)

China Renaissance analyst Yiming Wang downgraded NIO (NYSE: NIO) from Buy to Hold with a price target of $12.30 (from $37.20).

The analyst comments "Downgrade to HOLD; cut TP to US$12.30 . We roll forward... More